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Tata Sons wins bid for acquiring national carrier Air India: Government

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Tata Sons have emerged successful in winning the bid of India’s struggling national carrier Air India, said Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM). The country’s largest conglomerate had submitted their final bids last month to acquire a 100 per cent stake in…

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Air India disinvestment: Tata Sons wins bid for national carrier

Posted on Posted in Business by 40 views

Tata Sons has won the final bid for acquiring national carrier Air India, according to government sources. The salt-to-software conglomerate had submitted the final bid for the airline on September 15 and emerged as the frontrunner to acquire the airline. While SpiceJet promoter Ajay Singh had also submitted a bid…

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