Govt may extend Air India bid deadline to Dec 14 | Editorji
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Govt may extend Air India bid deadline to Dec 14

Oct 29, 2020 17:56 IST

The government is likely to extend the deadline to bid for Air India till December 14 and also give flexibility to a potential investor to decide on the humongous debt with the national carrier, news agency PTI reported. The deadline to bid for buying out Air India ends on October 30. The flexibility to potential investors on the quantum of the ₹60,074 crore debt that they want to absorb will replace the current condition of the buyer taking over more than a third of the debt and transferring the rest to a special purpose vehicle.

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