Government likely to float bids for Air India, BPCL stake sale in January
Updated : December 21, 2019 03:17 PM IST
In an effort to make the disinvestment more attractive, the carrier has already transferred Rs 29,474 crore of debt to Air India Assets Holding Ltd (AIAHL).
Air India has a debt of over Rs 58,000 crore. Its net loss in 2018-19 is provisionally estimated to be Rs 8,556.35 crore.
The BPCL strategic sale will not include the 61.7 percent stake that it holds in the Numaligarh Refinery Ltd.
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