Air India divestment: History suggests still some way to go

After a series of changes to the bidding conditions and a number of deadline extensions, the government has finally closed the first phase of Air India’s disinvestment having received “multiple expressions of interest”. While in light of recent events concerning Air India’s disinvestment, this is an important step forward in the sale process, history of the airline’s strategic sale exercise would suggest there is still some way to go.

What is the history ?>>

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