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Friday, 5 February 2021

'Strictly maintain confidentiality of AI bidders'

The department of investment and public asset management (DIPAM) has asked the transaction adviser (TA) for Air India divestment to “strictly maintain the confidentiality of the potential bidders.” It has also mandated that potential bidders will sign a “non-disclosure undertaking” about not revealing their identity. The government has appointed Ernst and Young LLP India (EY) as the transaction advisor for AI.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3cD9KgG

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