 "Air India. Photo: Shutterstock")
The government has again extended the deadline to bid for Air India by two months till August 31 as the coronavirus (Covid-19) fallout has disrupted economic activities globally.
This is the third time the deadline has been extended.
The divestment process for the national carrier was initiated on January 27. Issuing a corrigendum to the Expression of Interest (EoI) for sale of Air India, the Department of Investment and Public Asset Management (DIPAM) said the deadline has been extended in view of the "request received from the IBs (interested bidders) in view of the prevailing situation arising out of Covid-19."
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