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Financial bids received for Air India disinvestment; Tatas among suitors

The government is seeking to sell 100 per cent of its stake in the state-owned national airline, including Air India's 100 per cent shareholding in AI Express Ltd and 50 per cent in Air India SATS Airport Services Private Ltd

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This picture has been used for representational purpose

This picture has been used for representational purpose

The government has said it has received multiple financial bids for buying national carrier Air India.

Meanwhile, a Tata Sons spokesperson told PTI that it has put in a bid for the airline. "Financial bids for Air India disinvestment received by Transaction Adviser. Process now moves to concluding stage," DIPAM Secretary Tuhin Kanta Pandey tweeted.

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