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Tatas likely to announce ESOP scheme for Air India employees by April 27 | Details

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After India Today TV reported on April 21 that the Tata Group is working on an employee stock option (ESOP) scheme for employees of its newly-acquired asset, Air India, it was learnt the announcement could come by as early as April 27. This is as per a deadline set by the government in the Share Purchase Agreement…

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Air India disinvestment: Tata Sons wins bid for national carrier

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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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