Why No One Wants Air India Stake: Accumulated Losses More Than India's Health Budget in FY18

The Centre had invited bids from potential buyers for 76 per cent of its stake in Air India in March, 2018. But not a single bidder came forward by the deadline, many concerned about government’s residual minority stake and almost all unwilling to take on the huge debt pile.

from Top Business News- News18.com https://ift.tt/2TqisWn