Air India divestment: Tata, Spicejet, Essar among bidders in race to buy national carrier
Salt-to-software conglomerate Tata Group was among "multiple" entities that on Monday put in preliminary bids for buying the government's stake in loss-making carrier Air India. Others include SpiceJet, Essar and Air India employees + Interups Inc (Consortium).
A group of more than 200 Air India employees have also submitted an initial bid for the carrier in partnership with a private financier, Business Standard newspaper reported earlier on Monday.