India plans to sell Air India Ltd.’s regional arm Alliance Air separately, days after Tata Sons Ltd. emerged as the highest bidder for the parent carrier in an auction that didn’t include the unit, underscoring Prime Minister Narendra Modi’s attempts to steer the state away from involvement in the private-sector business.
India plans to sell Air India Ltd.'s regional arm separately, days after Tata Sons Ltd. emerged as the highest bidder for the parent carrier in an auction
NEW DELHI, Oct 8 Tata Sons has been selected as the winning bidder to take over state-run carrier Air India, the government said today, marking the end of years of struggle to privatise the financially troubled airline. Tata Sons, the holding company for the autos-to-steel Tata conglomerate,.
Tata Sons Ltd, the group holding company that controls Jaguar Land Rover and owns a majority stake in AirAsia India, submitted a bid for Air India earlier this month