Except for a brief period in the early 2000s, when a minister dedicated to such disposals tried to drop "the baggage of 50 years of socialist discourse", the preferred strategy has been to sell a few percentage points of the state's stakes on stock exchanges while retaining ownership and meddling rights.
"Maruti today is nearly a Rs 3-lakh crore company and it is Indian wealth and the same thing would happen in Air India", he said.
After the Air India office at Delhi Airport received bomb threat call on Wednesday, an Air India Dreamliner has been taken to the remote bay for thorough security checks. The bidder should have a minimum net worth of Rs 5,000 crore and the requirement is subject to certain conditions depending on the class of entities.
Bids for the assets are expected to be submitted by May 14.
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Authorities had not yet commented on any potential link between Spotz's suicide and Shabani's disappearance. Shabani came from Macedonia and had been in Los Angeles less than two years, according to her friends.
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Davis is also accused of being seen at a party with Saints players, another violation of team rules for their cheerleaders. The implication is, Blackwell says, "players are going to come after you and your character depends on how you react".
O'Brien also took to Twitter to voice against the government's move on releasing the preliminary information memorandum on strategic disinvestment of the national carrier. The government has also made it clear that it is its "intention" to divest the residual shareholding through the process of dispersed divestment on terms which will be described at a later stage. It invited "Expression of Interest" to offload a 76 per cent stake and management control in the airline.
Modi's cabinet gave the go-ahead previous year to sell the loss-making flagship airline after successive governments spent billions of dollars to keep it solvent. The majority of the members, in favour of selling the government's stake in Air India, were from the ruling BJP.
Certain sections of the media have reported that the EL Al may have petitioned to cancel the authorization of direct Air India flights between New Delhi and Tel Aviv via Saudi airspace.
Besides IndiGo, aviation industry majors SATS, Bird Group and Celebi have shown interest but in buying Air India's ground handling unit. So far, only IndiGo has publicly expressed a desire to acquire Air India.