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Air India sale bombed. So what happens now?

Updated : June 01, 2018 06:41 PM IST

The Air India disinvestment process began on March 28 this year and has been billed as the largest strategic disinvestment in Independent India.
The bidders’ complaints were followed by a veiled threat by the powerful Sangh lobby against selling off Air India to foreigners.
There has been widespread skepticism about government’s toehold, since it proposes to retain 24% stake.
Air India sale bombed. So what happens now?

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