Tata Sons Chairman N Chandrasekharan has reached out to the Air India family with a big welcome on a day the salt-to-software conglomerate took over the airline from the government.
Life has come full circle for the Tata Group which has emerged as the winning bidder to takeover Air India, an airline that they once started and nurtured before the government decided to nationalise the air carrier in 1953.
Life has come full circle for the Tata Group which has emerged as the winning bidder to takeover Air India, an airline that they once started and nurtured before the government decided to nationalise the air carrier in 1953.In a throwback of .
Tata Sons regained control of Air India nearly 70 years after its nationalisation with the government picking up the salt-to-software conglomerate as the winning bidder for the debt-laden state-run airline. The reserve price was set at 12,906 crores.
Tata Sons chairman emeritus Ratan Tata today tweeted an old photograph of the company's former chairman JRD Tata getting down from an Air India aircraft, minutes after Tata Sons regained control of the government airline.