IndiGo, Qatar Airways deny reports; will not hold joint bid for Air India stake
Updated : March 24, 2018 07:33 AM IST
The two airlines - Qatar Airways and IndiGo - denied media reports which stated that they will jointly bid for Air India.
The Core Group of Secretaries on Disinvestment (CGD), however, said that this norm will block the chances of many airlines to enter the bidding process.
However, non-airline companies can be asked to satisfy the minimum net worth criteria to declare their financial health.