{"id":303245,"date":"2019-11-28T11:55:51","date_gmt":"2019-11-28T06:25:51","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=303245"},"modified":"2019-11-28T11:55:51","modified_gmt":"2019-11-28T06:25:51","slug":"govt-to-divest-100-stake-in-air-india-says-aviation-minister-puri","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-to-divest-100-stake-in-air-india-says-aviation-minister-puri\/","title":{"rendered":"Govt to divest 100% stake in Air India, says aviation minister Puri"},"content":{"rendered":"<p>NEW DELHI : The Centre has decided to divest its entire stake in Air India Ltd and its no-frill subsidiary Air India Express, a year after it failed to attract bids for a partial stake sale in the cash-strapped national carrier.<\/p>\n<p>&#8220;Air India Specific Alternative Mechanism (AISAM) has approved the 100 percent sale of Government of India&#8217;s stake in Air India, along with Air India Express, and government&#8217;s stake in AISATS for the re-initiated strategic divestment of Air India,&#8221; civil aviation minister Hardeep Singh Puri informed the Rajya Sabha on Wednesday.<\/p>\n<p>The government owns 100% stake in Air India, and its subsidiary Air India Express. AISATS is a joint venture partnership between Air India and Singapore Airport Terminal Services (SATS) Limited, which provides ground and cargo handling services.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : The Centre has decided to divest its entire stake in Air India Ltd and its no-frill subsidiary Air India Express, a year after it failed to attract bids for a partial stake sale in the cash-strapped national carrier. &#8220;Air India Specific Alternative Mechanism (AISAM) has approved the 100 percent sale of Government of India&#8217;s stake in Air India, along with Air India Express, and government&#8217;s stake in AISATS for the re-initiated strategic divestment of Air India,&#8221; civil aviation minister Hardeep Singh Puri informed the Rajya Sabha on Wednesday. The government owns 100% stake in Air India, and [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-303245","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=303245"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303245\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=303245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=303245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=303245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}