In a last ditch effort to salvage national carrier Air India, a ministerial panel led by finance minister Arun Jaitley on Tuesday decided to sell 100% of its ground handling arm and use the proceeds to retire a part of the national carrier’s huge pile of accumulated debt.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com