‘Centre will re-initiate Air India disinvestment by early next month’
The government intends to re-initiate the disinvestment process for national carrier Air India by early next month as it is waiting for its audited financial results, said Atanu Chakraborty, Secretary, Department of Investment and Public Asset Management (DIPAM), in a interview to BusinessLine . Excerpts:
What is the timeline for strategic disinvestment in Air India?
It is immediate and we are preparing for re-initiating the process — papers and documents. Everything requires the final audited accounts of the latest year and that would come by middle of July. So thereafter, within 15-20 days, you can expect the expression of interest to be issued.
Will there be segregation of international and domestic businesses for Air India disinvestment process? In the past segregation became an issue.
