Air India

After being announced as the highest bidder of Air India with Rs 18,000 crore, Tata Sons Private Limited took over Air India, officially, on January 27. Tata Sons Chairman N Chandrasekhar reached Delhi and signed the agreement to officially be the owner of Air India airlines, from the Government of India. Notably, this is a historic moment for Tata Sons, as Air India returns to its founders after 68 years. 

Air India will resume flight services between India and the US from January 21. As per reports, Air India and other US-bound airlines cancelled their operations over safety concerns, related to the 5G rollout in the US on January 19. Flight operations to/from destinations in the USA were affected during the last two days. The services will be effective from the midnight of January 20, the airlines informed via Twitter.

The Competition Commission of India, on December 20, approved Tata Company to acquire 100% acquisition of Air India. CCI also gave green signal to acquire 50% shares of Air India SATS Airport services Pvt Ltd.  After the highest bid of Rs 18,000 crore in Air India, Tata took over Air India in October. Meanwhile, the Tatas will pay Rs 2,700 crore and clear Rs 15,300 crore debt. 

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.''

Following an Air India Plane that got stuck under the foot overbridge at Delhi-Gurugram highway, a 40-second viral video of the incident has left the netizens amused on social media. However, the company has released an official statement claiming the airline has no connection with the incident. Reportedly, It was sold to a scrap dealer and the new owner was transporting it when it got stuck under the bridge.