AI divestment bid: Air India Employees Consortium disqualified from process
AI Employees Consortium submitted an 'expression of interest', last year, to participate in strategic divestment of the national carrier Air India.
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Updated: Mar 9, 2021, 05:06 PM IST
Air India Employees Consortium, which participated in the Air India divestment bid, was disqualified from the divestment process by the Transaction Advisor to the Government of India (Ernst & Young LLP) on Monday.
AI Employees Consortium submitted an 'expression of interest', last year, to participate in strategic divestment of the national carrier Air India.
The Government of India has informed the AI Employees Consortium by an email on Monday that their submission for the Air India disinvestment acquisition process is not fulfilling the eligibility.