Recents in Beach

Air India staff eyes Maharaja bidding

A group of Air India (AI) employees are planning to bid for the divestment-bound Maharaja. With collective debt-cum-liabilities of over Rs 90,000 crore, they are trying to rope in a financial partner for the venture. As per their plan, the group of employees — each of who will need to contribute upto Rs 1 lakh — will own 51% and the investor the remaining 49%.



December 03, 2020 at 07:32AM

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