Air India's 'baby step' property auction gets good response
Air India Chairman Rajiv Bansal on Thursday said the airline saw a good response to an auction of its properties, with 10 of 14 properties receiving bids worth more than their reserve price. Bansal added, "proceeds from this will go towards paying our debts, although these are baby steps." AI hopes to auction nearly 30 properties valued over â¹500 crore. 