Winning Bid For Air India To Be Announced By Oct 15; Tata Main Contender

After the biddings closed for Air India on September 15, the government has decided to declare the results latest by October 15. Till now, the Tatas are seen as the front runners for Air India's disinvestment plan by the Central govt. However, the final draft for Air India's winning bid would require Home Minister-headed GoM's nod. Meanwhile, the Airline has reported Rs 7,982.83 crore as a net loss in FY20.