Asked About Buying Ailing AI, Anand Mahindra Says Not Courageous Enough
The chairman of the Mahindra Group on Wednesday resorted to humour when asked about whether the company interest in buying the beleaguered Air India.
File photo of Anand Mahindra, chairman and managing director of Mahindra Group. (Photo: Reuters)
Anand Mahindra quipped he didn't possess that much courage when asked on Twitter whether his group was interested in buying debt-ridden airline.
I see myself as a generally courageous person...But I confess..I don't possess THAT much courage... https://t.co/OFPdoYuloq— anand mahindra (@anandmahindra) June 28, 2017
Twitterati had a laugh looking at Mahindra's reply and disagreed that Mahindra taking over Satyam was the most courageous decision till date.
ALSO READ: Modi Cabinet Gives In-principle Approval For Disinvestment of Air India
I would disagree a bit on that Sir. Your taking over of Satyam was really the most courageous decision till date.— Dinesh Joshi (@dineshjoshi70) June 28, 2017
mallya can make a comeback...— Dev Chatterjee (@ParagonWorli18) June 28, 2017
They say that the fastest way to become a millionaire from a billionaire is to start an airline... so we know why 😀😀— Pankaj Doval (@pankajdoval) June 28, 2017
Reeling under more than Rs 50,000 crore debt, AI is a risky investment for the Mahindra Group.
Recently Tata Group had shown interest to buy the airline and informed the Civil Aviation Ministry about it. As per sources the government is keen on selling 100% stake.
ALSO READ: Tata Group May Buy Major Stake in Air India
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