Air India Privatisation
Ras Al Khaimah Investment Authority, Ankur Bhatia not bidding for Air India : Report
Mumbai/IBNS: Ras Al Khaimah Investment Authority and Bird Group promoter Ankur Bhatia are not bidding for the national carrier Air India Limited along with SpiceJet chairman Ajay Singh, spokespersons for Ras Al Khaimah government and Bird Group have said, reported Mint.
“The Ras Al Khaimah government is aware of a story circulating in the international and local media of a potential transaction relating to Air India, the national air carrier of India, with the reports citing that one of the parties involved is a Ras Al Khaimah government institution," a spokesperson for the emirate was quoted as saying by Mint.
"Neither the Ras Al Khaimah government nor any of its related entities or authorities are in any way connected to any such potential transaction relating to Air India," the spokesperson added.
Ankur Bhatia is not involved in bidding for Air India, either in his personal capacity or with any consortium, a Bird Group spokesperson said, the report added.
Several media reports had said that SpiceJet chairman Ajay Singh along with Bird Group's Ankur Bhatia and Ras Al Khaimah Investment Authority were taking part in the bidding process for the national carrier.
The report said Ajay Singh didn't offer comment over the matter.
It also said that Tata Sons and the government are close to sealing the Air India purchase deal having settled their differences on pension liabilities, real estate assets and debt
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