Govt Plan­ning Strate­gic Sale of At Least 4 AI Arms

The Economic Times - - Companies: Pursuit Of Profit -

The gov­ern­ment plans to soon ini­ti­ate the strate­gic sale process for at least four sub­sidiaries of loss-mak­ing Air In­dia, in­clud­ing Air­line Al­lied Ser­vices (AASL) and Ho­tel Cor­po­ra­tion of In­dia (HCI), ac­cord­ing to of­fi­cials. Be­sides, plans are on the anvil for sell­ing the head­quar­ter build­ing of AI in the na­tional cap­i­tal as well as var­i­ous other land as­sets and build­ings of the air­line in dif­fer­ent parts of the coun­try.


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