Published On: Oct 29, 2020

Civil Aviation Minister Hardeep Singh Puri on Thursday said bidding for Air India would be done on the basis of its enterprise value instead of equity value. Enterprise value of a company includes the equity value, debt as well as cash with the company. Equity value measures the value of a company's shares. On Thursday, the deadline to submit bids for the national carrier was extended for the fifth time this year to December 14.  

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