{"id":441725,"date":"2021-10-12T10:12:10","date_gmt":"2021-10-12T04:42:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=441725"},"modified":"2021-10-12T11:09:40","modified_gmt":"2021-10-12T05:39:40","slug":"air-india-privatisation-will-boost-confidence-in-govts-capacity-to-close-transactions-cii","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-privatisation-will-boost-confidence-in-govts-capacity-to-close-transactions-cii\/","title":{"rendered":"\u2018Air India privatisation will boost confidence in govt\u2019s capacity to close transactions\u2019: CII"},"content":{"rendered":"<p>The sale of state-run Air India will help to \u201cembolden confidence\u201d in the government\u2019s capacity to close transactions and encourage bidding in future sales at a time when the government is lagging in its disinvestment plans as only around 5% of its annual target has been met so far, the Confederation of Indian Industry (CII) said on Monday. <\/p>\n<p>The government on Friday announced that Tata Sons is the highest bidder to win back the country\u2019s flagship carrier Air India (AI) for \u20b918,000 crore. This marked an end to its five years of struggle to privatise the debt-laden airline. The transaction is expected to be completed by the end of this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The sale of state-run Air India will help to \u201cembolden confidence\u201d in the government\u2019s capacity to close transactions and encourage bidding in future sales at a time when the government is lagging in its disinvestment plans as only around 5% of its annual target has been met so far, the Confederation of Indian Industry (CII) said on Monday. The government on Friday announced that Tata Sons is the highest bidder to win back the country\u2019s flagship carrier Air India (AI) for \u20b918,000 crore. This marked an end to its five years of struggle to privatise the debt-laden airline. The transaction [&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":[184,141,130],"tags":[],"class_list":["post-441725","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-hindustantimes","category-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/441725","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=441725"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/441725\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=441725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=441725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=441725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}