CNBC-TV18's Sumit Jha reports, quoting sources, that industry experts feel if the time is right to take Air India public as the state-owned airline starts to set its house in order.
State-owned Air India risks losing a USD 5.8 billion government bailout, Civil Aviation Minister Ajit Singh said on Thursday, as industrial action by pilots disrupted flights for a fourth day.
US Treasury Secretary Timothy Geithner, while head of the New York Federal Reserve Bank, granted a waiver that allowed his eventual successor William Dudley to hold on to investments in firms getting emergency help.