Air India is just about managing to stay afloat on the Rs 30,000 crore bailout package extended by the previous UPA regime in 2012 for a decade.

Besides, plans are on the anvil for selling the headquarter building of Air India in the national capital as well as various other land assets and buildings of the airline in different parts of the country.

Besides, plans are on the anvil for selling the headquarter building of Air India in the national capital as well as various other land assets and buildings of the airline in different parts of the country.

Qatar Airways, which has been eyeing the fastest-growing Indian aviation market for a while now, is showing interest in buying Air India.

Analysts suggest the government's decision to reject fund infusion proposal could have stemmed from the fact that another bailout package might not play in favour of the present government in the upcoming Lok Sabha elections in 2019.

How Malvinder and Shivinder Singh blew Rs 22,500 crore in less than a decade and lost control over Fortis Healthcare and Religare Enterprises.

The stock is also part of ace investor Rakesh Jhunjhunwala's portfolio who holds 5.21 million equity shares or 3.69% stake as of June 30, 2018, the shareholding pattern data shows.

Analysts suggest no airline would come forward to buy the carrier if the Centre insists on retaining 26 per cent stake in Air India. A poor response to Air India divestment also means the Centre might face similar hurdles in selling other state-owned companies too.

From Goyal's statement, it seems evident the Jet Airways top boss is holding the cards on the expectation that the government would ease out more terms and conditions for the sale of beleaguered airline.

At least two prominent Indian carriers - Indigo and Jet Airways - have already backed off and said they will not be interested in taking over Air India, at least under the current terms and conditions.

Today the government also put out clarifications for as many as 160 questions that it had received from interested bidders on the disinvestment of Air India and its subsidiaries.

As the government awaits expression of interest for Air India stake sale, International Finance Corp (IFC) of World Bank Group has said it is \"watching the process closely and may get involved at a later stage\".

The sale document invites bids without any major discrimination and though nothing can be ruled out, the chances of getting bids from unknown entities at this point look improbable.

\"From day one, IndiGo has expressed its interest primarily in the acquisition of Air India's international operation and Air India Express. However, that option is not available under the government's current disinvestment plan for Air India,\" said Aditya Ghosh, president and whole time director of the airline, in a statement.

Eight employee unions of Air India have written to Prime Minister Narendra Modi raising serious concerns about the disinvestment of the national carrier and have sought an alternative revival plan.

Air India's disinvestment process has finally kicked off with the government inviting bids from potential buyers for a 76 per cent stake sale.

The government has floated Express of Interest (EoI) document asking potential buyers of Air India to submit their bids for 76 per cent stake in the national carrier. Nearly 10 months after the finance minister Arun Jaitley publicly spoke about the intention of the government to sell its stake in Air India.