Will Sale of Air India be completed by June ?

Endeavouring to wind up the much-delayed sale of beleaguered airliner Air India by June, the Centre is taking decisive steps in the direction and has moved a step closer towards inviting financial bids, according to official sources, familiar with the development. After financial bids are invited, prospective bidders would have 90 days to submit their offers. Tata Group and SpiceJet Chairman Ajay Singh have been shortlisted to bid for the carrier.