NEW DELHI â Backed by strategic investors from the U.S. and Europe, Interups Inc. â led by Indian American entrepreneur Laxmi Prasad â Dec. 15 submitted a joint âexpression of interestâ with Air India employees for the governmentâs stake in the national carrier Air India.
Prasad, chairman of Interups Inc., said: âWe plan to allocate 51 percent of the stake to employees, while rest 49 percent will be kept with us. We have a number of U.S. and Europe-based strategic NRI investors. If successful in acquiring the stake, we plan to off-load infrastructure assets of the airlines to an âInvITs,â while operational assets will be kept with the company. We foresee a lean management styled company.â
Kanti Commercials led consortium puts in EoI for Air India
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Kanti Commercials led consortium with group of 209 Air India employees puts in EoI
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Kanti Commercials-led consortium puts in EoI for Air India
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