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The government plans to sell 100% of its stake in Air India. A March 17 deadline has been set for submitting initial expressions of interest in the struggling national carrier. Bidders would have to agree to take on Rs23,287 crore in debt, apart from additional liabilities.

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  • The government is going all out to make the divestment process a success this time. However, this isn't going to be an easy task. While there is no official word on interested buyers yet, the employee unions are opposing the sale from the beginning.