{"id":436230,"date":"2021-09-16T08:26:30","date_gmt":"2021-09-16T02:56:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=436230"},"modified":"2021-09-16T08:42:34","modified_gmt":"2021-09-16T03:12:34","slug":"financial-bids-received-for-air-india-disinvestment-tatas-among-suitors","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/financial-bids-received-for-air-india-disinvestment-tatas-among-suitors\/","title":{"rendered":"Financial bids received for Air India disinvestment; Tatas among suitors"},"content":{"rendered":"<p>Tata Sons &#8212; the holding company of India&#8217;s largest conglomerate &#8212; on Wednesday submitted a financial bid to acquire loss-making state airline Air India.<\/p>\n<p>Tuhin Kanta Pandey, secretary of the department that is running the privatisation process, tweeted of financial &#8220;bids&#8221; being received but did not say how many companies were in fray. <\/p>\n<p>A Tata Sons spokesperson confirmed to PTI that the group has put in a bid for the national carrier.<\/p>\n<p>No-frills airline SpiceJet&#8217;s Ajay Singh was considered to be another interested party in buying out the debt-laden airline. He did not respond to messages sent seeking confirmation if he had in his individual capacity put in a bid.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Sons &#8212; the holding company of India&#8217;s largest conglomerate &#8212; on Wednesday submitted a financial bid to acquire loss-making state airline Air India. Tuhin Kanta Pandey, secretary of the department that is running the privatisation process, tweeted of financial &#8220;bids&#8221; being received but did not say how many companies were in fray. A Tata Sons spokesperson confirmed to PTI that the group has put in a bid for the national carrier. No-frills airline SpiceJet&#8217;s Ajay Singh was considered to be another interested party in buying out the debt-laden airline. He did not respond to messages sent seeking confirmation if [&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-436230","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\/436230","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=436230"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/436230\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=436230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=436230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=436230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}