INDIA

Tata Sons Wins the Bid for Acquiring National Carrier Air India

Tata Sons' SPV emerges winner for Air India under divestment process.

Tata Sons Wins the Bid for Acquiring National Carrier Air India
File image of Air India flight (Photo Credits: IANS)

Tata Sons group emerges as the winning bidder for Air India with an Rs 18,000 Crore offer. The transaction is expected to close by the end of December 2021, says Tuhin Kant Pandey, Secretary, DIPAM.

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(The above story first appeared on LatestLY on Oct 08, 2021 04:12 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).