Maharaja flies home! Air India officially handed over to Tata Group : Rashtra News #Maharaja #flies #home #Air #India #officially #handed #Tata #Group After a competitive bidding process, the government had on October 8 last year sold Air India to Talace Private Limited for Rs 18,000 crore. Tata Group on Thursday took over the ownership
Last week, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of salt-to-software conglomerate, to pay Rs 2,700 crore in cash and takeover Rs 15,300 crore of the airline's debt.