NIFTY 50

Prospective Air India bidders seek clarity from government on stake sale

Updated : June 18, 2021 21:16:43 IST

The draft share purchase agreement for the much-anticipated Air India divestment is likely to undergo changes.

CNBC-TV18 has learnt that prospective bidders have sought more clarity from the government on a number of issues. The government, however, is confident of receiving financial bids for the Maharajah by September.

Sapna Das reports that the issues related to employee liabilities and status of government guarantees against aircraft loans were raised.

Watch video for more.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you