The Department Of Investment And Public Asset Management (DIPAM) Is Likely To Finalise The

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The Department of Investment and Public Asset Management (DIPAM) is likely to finalise the list of qualified bidders for Air India in the current fiscal and is

Written By s mahe | Mumbai | Updated On:

The Department of Investment and Public Asset Management (DIPAM) is likely to finalise the list of qualified bidders for Air India in the current fiscal and is confident of participation of overseas and Indian companies in consortiums in the bidding process, DIPAM secretary Tuhin Kanta Pandey said.

"We are hopeful of bids from both domestic and overseas players. During our roadshows, we saw interest from many investors in Air India, which included other airlines. They may bid in consortium. That's why the consortium conditions have been made flexible and mergers allowed, which means we have given them the option of restructuring the airline," Pandey said in an exclusive interview with IANS.

Pandey said that the government is very hopeful of Air India's successful sale due to its inherent strengths.

The Department of Investment and Public Asset Management (DIPAM) is likely to finalise the list of qualified bidders for Air India in the current fiscal and is confident of participation of overseas and Indian companies in consortiums in the bidding process, DIPAM secretary Tuhin Kanta Pandey said.

"We are hopeful of bids from both domestic and overseas players. During our roadshows, we saw interest from many investors in Air India, which included other airlines. They may bid in consortium. That's why the consortium conditions have been made flexible and mergers allowed, which means we have given them the option of restructuring the airline," Pandey said in an exclusive interview with IANS.

Pandey said that the government is very hopeful of Air India's successful sale due to its inherent strengths.

The Department of Investment and Public Asset Management (DIPAM) is likely to finalise the list of qualified bidders for Air India in the current fiscal and is confident of participation of overseas and Indian companies in consortiums in the bidding process, DIPAM secretary Tuhin Kanta Pandey said.

"We are hopeful of bids from both domestic and overseas players. During our roadshows, we saw interest from many investors in Air India, which included other airlines. They may bid in consortium. That's why the consortium conditions have been made flexible and mergers allowed, which means we have given them the option of restructuring the airline," Pandey said in an exclusive interview with IANS.

Pandey said that the government is very hopeful of Air India's successful sale due to its inherent strengths.

The Department of Investment and Public Asset Management (DIPAM) is likely to finalise the list of qualified bidders for Air India in the current fiscal and is confident of participation of overseas and Indian companies in consortiums in the bidding process, DIPAM secretary Tuhin Kanta Pandey said.

"We are hopeful of bids from both domestic and overseas players. During our roadshows, we saw interest from many investors in Air India, which included other airlines. They may bid in consortium. That's why the consortium conditions have been made flexible and mergers allowed, which means we have given them the option of restructuring the airline," Pandey said in an exclusive interview with IANS.

Pandey said that the government is very hopeful of Air India's successful sale due to its inherent strengths.

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