WebIts 100% stake was sold to the autos-to-steel Tata conglomerate for ₹ 18,000 crore. The Centre announced the sale on October 8. Talace Pvt Ltd, a wholly-owned subsidiary of … WebSep 30, 2024 · Air India sale process in last legs as government decides on minimum reserve price, winning bid. Tata Group and SpiceJet founder Ajay Singh have bid for the …
Explained: What happens after Air India’s handover to Tata group
WebApr 11, 2024 · The upcoming India-bound Duster SUV is expected to enter the market by 2025. Renault introduced the Duster SUV model in India in 2012, which immediately gained popularity owing to its spacious cabin, design, muscular stance, and fuel efficiency. But, the company decided to pull the plugs on its mid-size SUV in 2024 because of low demand. WebJan 25, 2024 · New Delhi, UPDATED: Jan 25, 2024 15:01 IST. The Tata group will be handed over full ownership of Air India and Air India Express as part of the deal. (Photo: Reuters) By India Today Web Desk: The central government is all set to hand over Air India to the Tata group on January 27. The transfer will mark the end of the disinvestment … mansionenglish
Air India: Struggling national carrier sold to Tata Sons
WebMar 15, 2024 · Air India to buy 220 Boeing planes for $34 billion This marks a day of major purchase announcements by the Tata Group. Earlier in the day, Tata Sons had … WebOct 1, 2024 · The government will divest its 100% stake in Air India, Air India Express and a 50% stake in ground handling company AISATS. Bids for the carrier are being sought at enterprise value. Of Air India's total enterprise value, as part of the formula, a minimum 15% will go to the government and the rest will be used to reduce existing debt. WebSep 15, 2024 · The government declined to share any details on expectations from the sale of Air India. The Centre is planning to sell a 100 per cent stake in the airline and its low-cost subsidiary Air... kourosh complex