Air India back in the hands of Tata Group after 68 years, wins bid for 18,000 crores
Tata's wholly owned subsidiary Tales Pvt Ltd made an enterprise value (EV) bid of Rs 18,000 crore, with debt of Rs 15,300 crore and a cash component of Rs 2,700 crore. Following which the Government of India on Friday announced Tata Group as the winning bidder for Air India.
Oct 08, 2021, 18:00 PM ISTAir India stake sale: Govt extends EoI deadline to May 31
Besides, the qualified interested bidders would be intimated on June 15.
May 01, 2018, 17:39 PM ISTGovt issues clarifications on Air India stake sale
It had issued preliminary information memorandum on March 28 for the proposed sale of up to 76 percent stake in Air India along with management control to private entities.
May 01, 2018, 14:32 PM IST