Primus In News
Govt may defer Air India sale, reduce debt to sweeten the deal
18-09-2020
Nilaya Varma, co-founder and CEO of consulting firm Primus Partners, said: “Under normal circumstance, given the baggage, disinvestment and valuation of Air India would have been challenging, something made worse by the prolonging pandemic. It is also important to consider additional sops and support to make sure AI remains a going concern. The other option is to cough up funds to maintain current operations, which is difficult given the fiscal pressure and the uncertain future.”
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