Tata Sons has already received shareholder's nod to raise an additional Rs 40,000 crore as debt from banks and institutions
Indigo carried over 38 lakh passengers for a 57% share in the domestic aviation market
A spokesperson of Tata Sons told a news agency that the company has also submitted its bid for the national carrier.
Tata Group and SpiceJet promoter Ajay Singh are among the frontrunners for the bid
The financial bids should come in by September 15 and after that, the next move would be initiated, says Jyotiraditya Scindia
DIPAM secretary says the government is also drawing up a Rs 6-trillion asset monetisation plan.
Privatisation of Air India, BPCL, Shipping Corp of India, Pawan Hans, BEML and Neelachal Ispat Nigam Ltd would be completed this year, Pandey said
Lawsuits filed in the US by Cairn Energy will have no impact on stake sale: Minister
Employees of the cash-guzzled airline are entitled to various benefits including free tickets for several segments and is extended to family members
A residential plot and a flat in Mumbai, five flats in Delhi, a residential plot in Bengaluru, are among the properties on that have been put on sale