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'Two interesting features of this divestment exercise have been-govt. deciding to give 100% equity to the acquirer & #TataCompanies potentially getting the airline back since they are the front runners. So it's a good homecoming for #airindiain'
.#SecyDIPAM: Letter of Intent (LoI) issued to the successful bidder in the strategic disinvestment transaction of #airindiain. SPA will be signed soon.
#airindiain outstanding dues to #AAI at Rs 2,350 crore, other #airlines owe Rs 350 crore