TATA welcomes back ‘Maharaja’ in Rs.18K cr take over of Air India

Air India has finally returned to its founders Tata Sons via the acquisition route, ending a decades-long struggle to offload the debt-laden national carrier. Tata placed a winning bid of ₹18,000 crores to buy back the airline over 50 years after it ceded control to the Central Government.  The salt-to-software corporate giant will again rule […] The post TATA welcomes back ‘Maharaja’ in Rs.18K cr take over of Air India appeared first on Startup Reporter.

TATA welcomes back ‘Maharaja’ in Rs.18K cr take over of Air India

Air India has finally returned to its founders Tata Sons via the acquisition route, ending a decades-long struggle to offload the debt-laden national carrier. Tata placed a winning bid of ₹18,000 crores to buy back the airline over 50 years after it ceded control to the Central Government.  The salt-to-software corporate giant will again rule […]

The post TATA welcomes back ‘Maharaja’ in Rs.18K cr take over of Air India appeared first on Startup Reporter.