Air India sale: Employees, US-based fund Interups AI jointly submit bid thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Employee group, Interups Inc to bid for Air India
If the planned acquisition of Air India is successful, Interups Inc. along with Air India Ltd would sponsor an aviation infrastructure investment trust to monetize certain assets, according to Laxmi Prasad, chairman of Interups Inc.
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New Delhi: A section of Air India Ltd s employees along with New York-based company Interups Inc. will be placing an expression of interest (EoI) for the divestment-bound national carrier, ahead of the deadline for the bid on Monday.
The bid, jointly made by Interups Inc. and Air India s employee group, proposes 51% stake to Air India employee association, which includes about 219 employees, including board members, as part of the consortium, and 49% stake to Interups Inc, Laxmi Prasad, chairman of Interups Inc., told
Consequent to above change in Clause 10.17 of the Preliminary Information Memorandum (PIM), date of intimation to the qualified interested bidders (QIB) should be read as 5th January, 2021, , Air India Divestment
Travel News - Govt extends intimation date for qualified bidders for Air India to Jan 5 travelbizmonitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from travelbizmonitor.com Daily Mail and Mail on Sunday newspapers.