WebOct 11, 2024 · The long-awaited sale of India’s national carrier Air India is now done. The Tata group has snapped up the loss-making airline four years after the government … WebOct 8, 2024 · Tata Sons makes the winning bid of Rs 18,000 cr for Air India privatisation as the airline returns to its founder after 68 years. Press Trust of India October 08, 2024 …
Air India returns home to Tata Group: Chronology of Air India privatisation
WebJan 27, 2024 · India's national carrier, Air India, has been officially handed over to the Tata Group, which bought the debt-ridden airline in October last year. The Tatas paid nearly $2.4bn (£1.7bn)... WebJan 27, 2024 · Today, on January 27, 2024, the transaction has been completed. Air India along with the low-cost subsidiary Air India Express and a 50 percent stake in ground handling firm AISATS has been transferred to the Tata Group against consideration of INR 2,700 Crores ($358 million). tax change in circumstances
Tata finally set to take over Air India, boost Modi govt’s ...
WebJan 27, 2024 · The Tata group today announced the completion of the transaction for the purchase of Air India from the Government of India. The Tata group takes over management and control of the airline, starting today. The transaction covers three entities – Air India, Air India Express, and AI SATS. WebJun 2, 2024 · Published: 02 Jun 2024, 4:13 PM. Engagement: 4.076 K. Months after India’s national carrier Air India was privatised and sold to the Tata Group after a competitive bidding, the Group has announced Voluntary Retirement Scheme (VRS) scheme for its over 9000 employees, despite initial protest by the unions. The VRS plan seen by NH shows … WebJan 27, 2024 · Air India along with the low-cost subsidiary Air India Express and a 50 percent stake in ground handling firm AISATS has been transferred to the Tata Group … tax change for 2022