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Tata Sons acquires Air India, makes winning bid of Rs 18,000 crore

Panel of ministers has cleared winning bid for Air India; two bidders had put in financial bids. ....

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After 68 years, 'Maharaja' Air India lands on Tata Group's runway

The Tatas are back in Air India's cockpit after 68 years! The salt-to-software conglomerate was on Friday declared the winner of the bid for the debt-ridden national carrier Air India, as it pipped a consortium led by SpiceJet Chairman Ajay Singh. Tata Son's Special Purpose Vehicle M/s Talace Pvt Ltd quoted Rs 18,000 crore for 100 per cent shares of Air India and Air India ....

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After almost 70 years, Air India heads home to Tata Group

Tribune News ServiceNew Delhi, October 8
Salt-to-software conglomerate Tatas have won the bid to acquire debt-laden state-run Air India offering Rs 18,000 crore for acquiring 100 per cent shareholdin ....

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Tata Group wins bid for Air India disinvestment Centre | Business News – India TV

Tata Sons beat SpiceJet promoter to bag Air India. The DIPAM secretary said Tatas bid of Rs 18,000 crore comprises taking over 15,300 crore of debt and paying the rest in cash. ....

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Air India sold to Tata Sons for 18,000cr rupees

India’s leading salt-to-software manufacturing conglomerate Tata Sons (Tatas) won the bid to acquire 100 percent shares in debt-laden state-run Air India for 18,000 crore rupees, a senior government official said today. ....

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