Air India sale: Govt invites bids to appoint banks, lawyers to oversee disinvestment indianexpress.com

Burdened by the debt amounting to more than Rs. 50,000 crore, the newly-appointed interim CMD said that steps would be taken to improve the efficiency of time, profitability and customer satisfaction.
As part of the disinvestment of Air India and its subsidiaries, the Ministry of Finance invited bids to appoint two financial advisors and one legal advisor to oversee the sale.