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Government being Aggressive for Air India Privatization Tag

Daily Market Analysis

Daily Market Analysis – 30th Oct 2020

byMayuri SinghOctober 30, 2020

Government is being Aggressive for Air India Privatization Bid allowed on basis of Enterprise Value Due to uncertainties caused by Covid – 19, Bidding norms for the privatization of Air India is changed. Now we will see bidding on the basis of its Enterprise Value (EV). The EV will comprise of 15% cash payment to the government and debt takeover up to 85%. Earlier, The buyer was required...