{"id":303253,"date":"2019-11-28T11:57:50","date_gmt":"2019-11-28T06:27:50","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=303253"},"modified":"2019-11-28T11:57:50","modified_gmt":"2019-11-28T06:27:50","slug":"air-india-will-have-to-shut-down-if-sale-offer-flops-again","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-will-have-to-shut-down-if-sale-offer-flops-again\/","title":{"rendered":"Air India will have to shut down if sale offer flops again"},"content":{"rendered":"<p>NEW DELHI : India\u2019s national carrier will have to shut down if a renewed attempt to sell the debt-laden airline fails to find a buyer, the country\u2019s aviation minister said, a year and half after an attempt to sell the high-profile asset flopped.<\/p>\n<p>\u201cThe airline will have to close down if it\u2019s not privatized,&#8221; Hardeep Singh Puri told the Indian parliament on Wednesday. \u201cOnce we invite bids, then we\u2019ll see how many bids will come in.&#8221;<\/p>\n<p>A successful sale of Air India is crucial for Prime Minister Narendra Modi to help bridge a widening fiscal deficit exacerbated by dismal tax collections and a $20 billion corporate tax cut. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : India\u2019s national carrier will have to shut down if a renewed attempt to sell the debt-laden airline fails to find a buyer, the country\u2019s aviation minister said, a year and half after an attempt to sell the high-profile asset flopped. \u201cThe airline will have to close down if it\u2019s not privatized,&#8221; Hardeep Singh Puri told the Indian parliament on Wednesday. \u201cOnce we invite bids, then we\u2019ll see how many bids will come in.&#8221; A successful sale of Air India is crucial for Prime Minister Narendra Modi to help bridge a widening fiscal deficit exacerbated by dismal tax [&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-303253","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\/303253","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=303253"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303253\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=303253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=303253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=303253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}