Tata Sons and SpiceJet have officially submitted their respective bids for the Air India sale on Wednesday. The bidding process has now moved to the concluding stage. Air India received financial bids for its disinvestment process, Finance Ministry said. "Financial bids for Air India disinvestment received by Transaction Adviser. Process now moves to concluding stage," Secretary, Department of Investment and Public Asset Management (DIPAM), Tuhin Kanta Pandey stated.
