Business News
Initial bids for Air India stake sale in next couple of weeks
India will invite initial bids for a stake sale in state-run carrier Air India in the next couple of weeks, Civil Aviation Secretary Rajiv Choubey said on Thursday in a speech at an airshow in the southern Indian city of Hyderabad.
Prime Minister Narendra Modi’s cabinet gave the go-ahead last year to sell Air India, after successive governments spent billions of dollars in recent years to keep it going. However, it has yet to
