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Tata Group likely to bid for Air India today


UPDATED: December 14, 2020 18:51 IST
Tata Group is likely to submit an expression of interest (EoI) for Air India Limited on Monday. (Photo: PTI/representation)
Monday may have brought some cheer at Air India after US-based fund Interups Inc submitted its expression of interest (EOI) in buying the national carrier. In addition, the Tata Group and a group of at least 209 Air India employees have also put in a bid for the national carrier.
Chairman of Interups Inc, Laxmi Prasad wrote on social media, Dear All, wish us good luck - we are submitting our EOI for Air India today - I bet we will be surprising one and all - This shall be our contributory dedication to our Mother India to keep our National Carrier and its employees across keep (sic) flying and soaring high!! ....

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Tata Group likely to bid for Air India; Adani, Hinduja Group also in fray


Tata Group likely to bid for Air India; Adani, Hinduja Group also in fray
Tata Sons is said to have shown interest through its low-budget carrier Air Asia India, where it has a significant majority stake.
By Sruthi Vibhavari|   Published: 14th December 2020 12:56 pm IST
Flights to the UK were suspended since December 23 following the discovery of a new COVID-19 strain in the UK.
New Delhi: Over six decades after its exit, India’s salt-to-software conglomerate Tata Group is likely to submit an expression of interest (EoI) to bid for debt-laden national carrier Air India Limited on Monday. Adani and Hinduja Groups are also weighing bids, unconfirmed reports said. ....

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