Tata Sons wins the bid for national carrier Air India

DN Bureau

Tata Sons, the holding company of Indian multinational Tata Group, has won the bid to take control of Air India. Full report

Tata Group to take control of Air India (File Photo)
Tata Group to take control of Air India (File Photo)


New Delhi: Tata Sons, the holding company of Indian multinational conglomerate Tata Group, has won the bid to take control of Air India. Tata Sons was the highest bidder. The government has accepted a highest bid price of Tata Group. 

As per reportes, Financial bids received from Tata Group and SpiceJet founder Ajay Singh for the acquisition of Air India.

Also Read | After 69 years Tata Group regains control of Air India

 Tata Group was among the frontrunners to buy the national carrier Air India and had submitted their bid last month. SpiceJet founder Ajay Singh was also among the bidders. 

Reports says that the Committee of Ministers on the national carrier disinvestment headed by Home Minister Amit Shah has approved the winning bid for the national airline.

Also Read | Air India likely to be handed over to Tata Group on January 27










Related Stories