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Cabinet nod to in-principle divestment of Air India stake

Posted By: Doraiah Vundavally June 28, 2017

Cabinet nod to in-principle divestment of Air India stakeNew Delhi, June 28 (IANS) The Cabinet on Wednesday gave in-principle approval for Air India stake divestment, Finance Minister Arun Jaitley said here.

"In-principle approval for Air India divestment has been given. The Civil Aviation Ministry's proposal for formation of a group under the chairmanship of the Finance Minister to decide the modalities of divestment process has also been accepted," he said.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

 

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Cabinet nod to in-principle divestment of Air India stake

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.