Air India Disinvestment News

Tata Sons makes winning bid of Rs 18,000 cr for debt laden Air India: Govt

Tata Sons makes winning bid of Rs 18,000 cr for debt laden Air India: Govt

New Delhi: Salt-to-software conglomerate Tatas on Friday bagged the bid to acquire debt-laden state-run Air India offering Rs 18,000 crore for acquiring 100 per cent shareholding, Tuhin Kanta Pandey, secretary to the Department of Investment and Public Asset Management (DIPAM) – the government department responsible for privatisation – said. Tata Sons beat SpiceJet promoter to

Tatas puts in financial bid for the Air India sale

Tatas puts in financial bid for the Air India sale

New Delhi: The bidding process of debt-laden national carrier Air India has received financial bids for its disinvestment process on Wednesday where Tata Sons has apparently submitted its bid for the sale.  “Financial bids for Air India disinvestment received by Transaction Adviser. Process now moves to concluding stage,” the secretary,