Air India stake sale: After the government failed to receive any bids for Air India, Anand Mahindra called for turning the crisis into an opportunity, and also listed out several measures to be taken. Calling it a matter of \u2018national pride,\u2019 Mahindra & Mahindra's top boss said that there must be a resolve that a sale is made. \u201cI think that zero interest in the sale has demonstrated to the people that tough action towards a turnaround is needed. There will be widespread support for swift & decisive action. This is a political opportunity,\u201d Anand Mahindra said on twitter. The deadline for submitting bids to pick up a stake in Air India came to an end yesterday, with the state-run carrier drawing a blank, with even potential bidders IndiGo and Tata Group staying away. The civil aviation ministry said in a tweet that no bids were received for Air India disinvestment, and the future course of action will be decided later. Yes, I quipped then,but this is now a matter of national pride.Time to turn a crisis into opportunity 1)Resolve that a sale will be made,but only after a turnaround 2)Locate&appoint a Govt official with the potential & passion of an E.Sreedharan as Chairman&CEO.. (1\/2) \u2014 anand mahindra (@anandmahindra) June 1, 2018 Anand Mahindra said that the government must look to \u201clocate appoint an official with the potential & passion of an E Sreedharan as Chairman and CEO.\u201d Further, he called for a \u201cresolve that a sale will be made, but only after a turnaround.\u201d In a series of two tweets, M&M\u2019s Chairman pointed out that the government must,\u201cProvide full autonomy to the Chairman & CEO with a target horizon for a turnaround. Provide the Chairman complete insulation from political pressure; Provide full moral support to the Chairman for all tough measures that will be required,\u201d he tweeted. #AirIndia 3) Provide FULL autonomy to the Chairman & CEO with a target horizon for a turnaround. 4) Provide the Chairman COMPLETE insulation from political pressure 5) Provide FULL moral support to the Chairman for all tough measures that will be required (2\/2) \u2014 anand mahindra (@anandmahindra) June 1, 2018 Yesterday, the aviation secretary reiterated that the government has no intention of controlling the airline and is no in a now in a better position to understand what the market wants. The government planned to sell up to 74% stake in the carrier, and the divestment would include profit-making Air India Express and joint venture AISATS, an equal joint venture between the national carrier and Singapore-based SATS.