Indian Civil Aviation Minister Praful Patel told reporters that an Air India IPO will be "considered" once the "stock markets do better," but that the government will "keep control." He said the airline "is not going to lose its public sector character. It is not going to be privatized or disinvested completely. It would bring in much needed equity infusion." The government reversed course on plans to offer 15% of AI last summer (ATWOnline, Aug. 22, 2008). According to press reports from ...

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