The Centre on Thursday approved the transfer of the Air India building in Mumbai from AI Assets Holding Company Ltd to the Maharashtra government for a sum of Rs 1,601 crore.
As part of the agreement, the Maharashtra government has decided to forgo Department of Investment and Public Asset Management (DIPAM) dues amounting to Rs 298.42 crore that would have been owed by AI Assets Holding Company Ltd, as confirmed by the DIPAM.
This story is from the March 15, 2024 edition of The Business Guardian.
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This story is from the March 15, 2024 edition of The Business Guardian.
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