FRESH THOUGHTS

Financial Chronicle - - FRONT PAGE -

The Air In­dia Spe­cific Al­ter­nate Mech­a­nism, a group of min­is­ters un­der the chair­man­ship of fi­nance min­is­ter, is ex­pected to con­sider var­i­ous pro­pos­als in its meet­ing next week

Some mar­ket ex­perts pointed out that list­ing norms re­quire a com­pany to be prof­it­mak­ing in the past five years and have a pos­i­tive net­worth. Such con­di­tions could mar the prospect of Air In­dia pub­lic of­fer

In the last 10 years, Air In­dia has never made any profit and has a neg­a­tive net­worth given its mas­sive debts and li­a­bil­i­ties

A few oth­ers, how­ever, said list­ing was pos­si­ble con­sid­er­ing the fact that both the owner of the com­pany and the reg­u­la­tor were gov­ern­ment en­ti­ties

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