{"id":389969,"date":"2020-12-17T11:15:17","date_gmt":"2020-12-17T05:45:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=389969"},"modified":"2020-12-17T12:15:29","modified_gmt":"2020-12-17T06:45:29","slug":"ca-insurance-agent-now-air-india-bidder-a-trail-of-many-questions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ca-insurance-agent-now-air-india-bidder-a-trail-of-many-questions\/","title":{"rendered":"CA, insurance agent, now Air India bidder\u2026 a trail of many questions"},"content":{"rendered":"<p>LAXMI PRASAD PALAYPU, Chairman of US-based Interups Inc \u2014 who has made a series of acquisition bids through the NCLT this year and recently submitted an Expression of Interest for Air India disinvestment \u2014 says he plans to invest around $9 billion in the Indian aviation sector. A scrutiny of the deals the company claims to be \u2018pursuing\u2019 in India, however, shows a patchy, if not a poor, record. <\/p>\n<p>Information accessed from the Registrar of Companies shows that Palaypu has been a director in three companies. Two of these, Lakhi Investment Management Services and ISBN Securities Pvt Ltd, have already been struck off.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LAXMI PRASAD PALAYPU, Chairman of US-based Interups Inc \u2014 who has made a series of acquisition bids through the NCLT this year and recently submitted an Expression of Interest for Air India disinvestment \u2014 says he plans to invest around $9 billion in the Indian aviation sector. A scrutiny of the deals the company claims to be \u2018pursuing\u2019 in India, however, shows a patchy, if not a poor, record. Information accessed from the Registrar of Companies shows that Palaypu has been a director in three companies. Two of these, Lakhi Investment Management Services and ISBN Securities Pvt Ltd, have already [&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":[130],"tags":[],"class_list":["post-389969","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/389969","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=389969"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/389969\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=389969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=389969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=389969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}