{"id":389509,"date":"2020-12-15T08:31:13","date_gmt":"2020-12-15T03:01:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=389509"},"modified":"2020-12-15T09:03:34","modified_gmt":"2020-12-15T03:33:34","slug":"tata-sons-likely-to-submit-bid-for-air-india-before-monday-deadline-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-sons-likely-to-submit-bid-for-air-india-before-monday-deadline-report\/","title":{"rendered":"Tata Sons likely to submit bid for Air India before Monday deadline: Report"},"content":{"rendered":"<p>NEW DELHI (Reuters) &#8211; Tata Sons, India&#8217;s autos-to-steel conglomerate, is expected to submit an initial bid for state-run carrier Air India ahead of the auction&#8217;s deadline on Monday evening, sources aware of the matter told Reuters. <\/p>\n<p>Prime Minister Narendra Modi&#8217;s government in January renewed its push to sell its entire interest in the loss-making airline, which has been kept aloft by a bailout since 2012. <\/p>\n<p>An effort to auction a majority stake almost two years ago drew no bids, forcing the government to ease terms. It has also extended the deadline multiple times this year due to COVID-19 and further eased the terms to attract bidders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI (Reuters) &#8211; Tata Sons, India&#8217;s autos-to-steel conglomerate, is expected to submit an initial bid for state-run carrier Air India ahead of the auction&#8217;s deadline on Monday evening, sources aware of the matter told Reuters. Prime Minister Narendra Modi&#8217;s government in January renewed its push to sell its entire interest in the loss-making airline, which has been kept aloft by a bailout since 2012. An effort to auction a majority stake almost two years ago drew no bids, forcing the government to ease terms. It has also extended the deadline multiple times this year due to COVID-19 and further [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-389509","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/389509","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=389509"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/389509\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=389509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=389509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=389509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}