Correct Answer : Option (D) - 100%
According to the recent bid document released by the Government, it would sell all its 100 per cent of its equity share capital in Air India, which includes the Air India’s 100 per cent stake in AI Express Limited and 50 per cent in Air India SATS Airport Services Private Limited.
The government has also announced that it would absorb 30 per cent more in debt and liabilities, than it did in the previous year. March 17 has been set as the dead line for the submission of bids for the sale, which is to be implemented through the open bidding route. The net worth for the interested entities is also reduced to Rs.3500 Cr from the earlier limit of Rs.5000 Cr.