Govt fixes minimum reserve price for Air India, winner of bid most likely identified

The Tata Group is believed to be the frontrunner - it's understood to have submitted a higher bid for Air India. "The high bid is made keeping in mind the national asset," an executive said. The government on Wednesday decided on the minimum reserve price for national carrier Air India and met the two bidders for further discussions, said people with knowledge of the matter.
Others said that the government may have taken a view on the bids. The winner has most likely been identified and a decision on the announcement is to be taken by the government," said one of them.