Home Banking Tata wons bid for 18,000 crore of Air India

Tata wons bid for 18,000 crore of Air India

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(G.N.S) Dt. 8 New Delhi Tata sons has been the winner in the bid to acquire national carrier Air India. Apart from 100 per cent stake in Air India and its low-cost arm, Air India Express, the winning bid also includes a 50 per cent stake in ground-handling company Air India SATS Airport Services Private Limited (AISATS). Tata’s special purpose vehicle (SPV) Talace Pvt Limited emerged as the winning bidder,

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