Business Standard

AI ropes in SBI Caps, sets up 5 teams for divestment process

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Preparing for strategic disinvestm­ent, national carrier Air India( AI) has roped in SB I Caps to advice on the future course and has constitute­d five teams to work on various aspects of the stake sale process. As part of the efforts to rev ive the loss making airline, the government has decided on strategic disinvestm­ent and the modalities­are being worked out.

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