Ratan N. Tata with Air India's logo.

Photo: East Mojo

Talace, Tata Sons Subsidiary, Wins Bid To Re-Acquire Air India

Aviation Ministry & DIPAM Secretary said on October 8 that Tata-Sons' subsidiary Talace Pvt Ltd won the bid of Rs 18,000 crore to re-acquire Air India. Reportedly, the conglomerate won the bid more than 85 years after ceding control to the government. Ratan Tata wrote on Twitter, ''Tatas will have the opportunity of regaining the image and reputation it enjoyed in earlier years.''

Fri, 08 Oct 2021 - 05:58 PM / by Vidhi Jhunjhunwala

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