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NEW DELHI: Tata Group, SpiceJet promoter Ajay Singh among multiple other bidders submitted their financial bids for buying debt-ladden Air India on Wednesday, a company spokesperson confirmed. In a tweet, the department of investment and public asset management (DIPAM) secretary said: "Financial bids for Air India disinvestment received by transaction adviser. Process now moves to concluding stage."
Source: Air India sale: Tatas, SpiceJet founder Ajay Singh submit financial bids - Times of India
Source: Air India sale: Tatas, SpiceJet founder Ajay Singh submit financial bids - Times of India