Disinvestment: Tata Wins Bid For Air India

by GoNews Desk Oct 01, 2021 • 01:28 PM Views 426

Tata Sons emerges as the winning bidder for acquiring national carrier Air India.

Tata Sons reportedly has submitted Rs 3,000 crore more than the minimum reserve price set by the government committee.

media reports suggests that government plans to hand over the airline with a debt of Rs 23,000 crore to the Tatas.

Air India as of2019 had assets worth of ₹52,352.18 crore and revenue of ₹26,430.59 crore.