{"id":390722,"date":"2020-12-22T09:15:05","date_gmt":"2020-12-22T03:45:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=390722"},"modified":"2020-12-22T10:19:28","modified_gmt":"2020-12-22T04:49:28","slug":"air-india-privatisation-deal-unlikely-to-conclude-this-fiscal-amid-tata-group-interest","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-privatisation-deal-unlikely-to-conclude-this-fiscal-amid-tata-group-interest\/","title":{"rendered":"Air India privatisation deal unlikely to conclude this fiscal, amid Tata Group interest"},"content":{"rendered":"<p>NEW DELHI: Privatisation of Air India may spill into next fiscal year as the divestment process is unlikely to conclude in the remaining a little over three months of 2020-21, an official said. Salt-to-software conglomerate Tata Group and US-based fund Interups Inc were among &#8220;multiple&#8221; entities that put in preliminary bids last week for buying loss-making carrier Air India.<\/p>\n<p>A group of over 200 Air India employees also submitted an expression of interest (EoI) for the carrier in partnership with Interups at the close of the deadline on December 14.<\/p>\n<p>&#8220;The Transaction Advisor will inform the qualified bidders by January 6 following which the bidders will be given access to virtual data room (VDR) of Air India,&#8221; an official said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Privatisation of Air India may spill into next fiscal year as the divestment process is unlikely to conclude in the remaining a little over three months of 2020-21, an official said. Salt-to-software conglomerate Tata Group and US-based fund Interups Inc were among &#8220;multiple&#8221; entities that put in preliminary bids last week for buying loss-making carrier Air India. A group of over 200 Air India employees also submitted an expression of interest (EoI) for the carrier in partnership with Interups at the close of the deadline on December 14. &#8220;The Transaction Advisor will inform the qualified bidders by January [&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":[192,130,136],"tags":[],"class_list":["post-390722","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/390722","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=390722"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/390722\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=390722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=390722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=390722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}