Cabinet approves creation of SPV for Air India divestment

The Cabinet has approved the setting up of a special purpose vehicle (SPV) for the disinvestment of Air India and its subsidiaries. Disinvestment is defined as the action of an organisation (or government) selling or liquidating an asset or subsidiary. The name SPV is given to an entity which is formed for a single, well-defined… Continue reading Cabinet approves creation of SPV for Air India divestment