Air India disinvestment: Tata Sons wins bid for national carrier
India Today
Tata Sons has won the final bid for acquiring national carrier Air India, as per government sources. This comes a day after the government finalised the minimum reserve price for the cash-strapped airline.
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 for the airline, government sources have confirmed that Tata Sons submitted a higher offer for acquiring the airline.
More Related News