Airline Allied Services Ltd. Current Affairs, GK & News

Cabinet approves setting up of SPV for disinvestment of Air India

The Union Cabinet headed by Prime Minister Narendra Modi has given ex-post facto approval for the creation of the Special Purpose Vehicle (SPV) and associated activities for the disinvestment of Air India and its subsidiaries/JV. Air India Assets Holding Ltd. Debt of Air India Ltd. amounting to Rs. 29,464 crore would be transferred to Air ..