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Tata Sons wins bid for Air India sale, disinvestment: Reports

  •   Fri, Oct 01 2021 12:14:44 PM

Daijiworld Media Network - New Delhi

New Delhi, Oct 1: Tata Sons have won the financial bid to run beleaguered Air India. The advance comes after a panel of ministers accepted a proposal that recommender Tata Sons, Bloomberg News reported today. However, no official statement has come in this regard from Tatas and the central government as of now.

The government had received financial bids from Tata Group and SpiceJet founder for the acquisition of Air India. This will mark the return of Air India to Tata fold after 67 years. The Tata Group founded Air India as Tata Airlines in October 1932.

The government nationalised the airline in 1953.
  

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Comment on this article

  • Jamal, Mangalore/UAE

    Fri, Oct 01 2021

    The turbulent is gone. The airline will be revived back in air with a bang. Congratulations TATA team.

    DisAgree Agree [5] Reply Report Abuse

  • francis lobo, Mangalore

    Fri, Oct 01 2021

    This is a tight slap on the minister who a few days back said that TATA's are against development and anti-national. TATA is already building the new parliament and now taking over Air India. Next will be TCS and Infosys who will win big in Indian Government orders!

    DisAgree [2] Agree [3] Reply Report Abuse

  • Chandu, Karla

    Fri, Oct 01 2021

    Finally the their own Baby is back in the fold of Tatas after brutally torturing & mercilessly beating by the successive governments for decades. It is going to be a tough task to nurture this sick baby Air India back to good health but with the collective strength & determination of Tatas the Air India Maharaja is going to fly high in the skies. It is going to be white elephant for Tatas with all its incompetent and lethargic work force and badly maintained infrastructure for decades.

    DisAgree [1] Agree [6] Reply Report Abuse

  • Jossey Saldanha, Thane

    Fri, Oct 01 2021

    Tata is the right choice but Ambani's bid may come under the Table ...

    DisAgree [3] Agree [2] Reply Report Abuse

  • Daniel, Mangalore

    Fri, Oct 01 2021

    Air India should've never been taken from tata in the first place it wouldn't have been in such a bad situation. Anyways they are under great leadership now the old air india will be back!

    DisAgree [2] Agree [12] Reply Report Abuse

  • k b r, Mangala Uru

    Fri, Oct 01 2021

    thank God, it is not ambani or adani... no one would fly if that was the case....

    DisAgree [9] Agree [11] Reply Report Abuse

  • Jossey Saldanha, Thane

    Fri, Oct 01 2021

    There are other companies capable other than Adani and Ambanis.....

    DisAgree [8] Agree [9] Reply Report Abuse


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Title: Tata Sons wins bid for Air India sale, disinvestment: Reports



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