Tata Sons wins bid for Air India, official announcement to be made soon

  • Tata Sons, the holding company of India’s largest conglomerate, has won the bid for national carrier Air India.
  • The bid was approved by the panel of ministers headed by Union Home Minister Amit Shah.
  • While the official announcement of the same is expected in the coming days.
  • According to the sources, the Tata bid is nearly Rs 3,000 crore more than the reserve price set by the Centre.
  • Letting you know, Tata Sons has been planning to bring AirAsia India under the Air India fold also.