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With no bidder in sight, tweaking bid conditions the only hope for Air India sale

Updated : April 11, 2018 02:52 PM IST

With the high-profile privatisation drawing tepid interest, some “sweeteners” to the bid conditions may be coming.
A net worth of Rs 5,000 crore, retaining of Air India brand and the government’s residual stake, among others, are all deterrents for a potential bidder.
The government’s only hope could be Singapore International Airlines (SIA), which runs Indian airline Vistara partnering the Tatas.
With no bidder in sight, tweaking bid conditions the only hope for Air India sale
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