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Monday, November 5, 2012 - 18:28 IST
Air India receives four bids from property consultants for $900M monetisation plan
BY Pooja Sarkar
The debt-laden carrier targets to raise Rs 500 crore every year for the next 10 years through sale, development, redevelopment and leveraging of properties in India and abroad.
Air India, the financially strapped state-owned carrier which is looking to raise Rs 5,000 crore ($900 million) through monetisation of its land assets across the country and abroad over the next 10 years, has received bids from four...
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