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Tata Sons bids to buy public sector company Air India

Air India Disinvestment: The disinvestment of the debt-ridden public sector company Air India has now reached the last stage. Today was the last date for bidding in Air India. Only two investors have bid in this. According to news agency PTI, Tata Sons has made a bid to buy Air India. A company spokesperson gave this information. Apart from this, Ajay Singh of SpiceJet has bid in his personal capacity.

The Secretary, Department of Investment and Public Asset Management (DIPAM) said that financial bids have been received for the acquisition of Air India. Financial bids were received by the Transaction Advisor for the disinvestment of Air India. He said that the process is now in the final stage.

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Shivam Bangwal

Shivam Bangwal is a young entrepreneur who hails from Uttarakhand. Shivam is a professional full time Digital Marketing and PR expert with a post graduation degree of Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Branding Panther and Digital Leader.

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