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.''
Tags: Tata Sons, Air India, Aviation Ministry, Bid, Re-acquire
Courtesy: Republic World
