Business Standard

Who will bell this cat?

'Jewel of our nation' Air India is finally on the block but the actual sale may be more difficult than we think

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Anjuli Bhargava
Last week, the ministry of civil aviation finally invited expressions of interest from companies interested in acquiring 76 per cent stake in national carrier Air India. This is without doubt a moment to be celebrated. I hadn’t really thought any government would actually try and sell the carrier while I was still writing on this subject. This therefore comes as a happy surprise.

One thing that struck me is that I alone seem to be celebrating. The announcement in general has been greeted by silence. I don’t see any player or potential bidder jumping in joy and listing the potential gains
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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