"No, there is no formal expression of interest from the Tatas on Air India," he told reporters here.
Sinha said his words as regards the Tatas' indication of interest were in reference to comments made by N Chandrasekharan, the executive chairman of the Tata Sons Ltd,on television about the company exploring the possibilities of participating in the stake sale of Air India.
"We have, of course, received from both IndiGo as well as the Tatas indications of interest for the airline (Air India), and then we have received formal indications of interest for the other aspects of the Air India group. Those are the formal indications we have received so far," Sinha had said earlier.
The minister clarified that so far, IndiGo was the only airline which had formally written to the Ministry of Civil Aviation, showing an interest in Air India.
"We will definitely look at it," Chandrasekharan had told a TV channel and added, "We still do not have all the details. Every business proposal will be very seriously looked at and we will definitely look at that (Air India). But currently, we do not have the data."
On June 28, the Cabinet Committee on Economic Affairs (CCEA) had given its in-principle nod for the strategic disinvestment of Air India and five of its subsidiaries.
Subsequently, an Air India-specific alternative mechanism was set up to guide the process.
The ministerial group is looking into the treatment of Air India's unsustainable debt, hiving off of certain assets to a shell company, demerger and strategic disinvestment of three of its profit-making subsidiaries among other aspects.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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