Govt plans to sell 2 Air India subsidiaries by end-FY23: Report

The government is planning to privatise Air India's (AI) ground handling and engineering services by the end of FY23, according to reports. Department of Investment and Public Asset Management (DIPAM) has already started conducting roadshows with potential buyers to sell AI Airport Services and AI Engineering Services. Adani Group, Tata Sons and Swissport are reportedly interested in the offer.