Troubled Air India now faces five new hurdles ahead of its divestment

The Narendra Modi government’s plans to sell off loss-making Air India may remain a pipe dream. From disgruntled pilots who have resigned to oil companies threatening to cut off fuel supply, a fresh set of hurdles to the proposed sale have emerged. The government renewed its efforts to privatise the country’s flag carrier this July, after it failed to find a buyer for a 76% stake in March 2018. This time, the centre may be prepared to sell its entire stake and the expression of interest (EoI)… (qz.com) More...