Few months back, after a lot of hassles the merger of Air India and Indian Airlines took place, which led to the creation of a single entity called Air India.
The Air India IPO was slated to come in the early part of 2009, but amidst the high level of volatility, the IPO plans have been put on hold for the moment. The left backed government is also unable to find a consensus with the left parties for floating the Air India IPO.
There is a proposal for offering around 10% to 15% shares to the public through the IPO book building process and also offer stock options to the employees of Air India to keep them happy.
| Let’s see when this IPO finally makes it to the primary and secondary stock markets. | Table of Contents |
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