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Welcome back: Tata Sons emerge highest bidder for Air India

Divestment Saga: Air India employees to be retained for one-year

Air India employees will be safeguarded even after the divestment of the national carrier by December-end.The announcement came after Tata Sons subsidiary Talace emerged as the highest bidder for the national carrier under the divestment .

Divestment Saga: Tata Sons emerge as highest bidder for Air India

The Centre on Friday declared Tata Sons subsidiary Talace as the highest bidder for national carrier Air India under the divestment process.Talace quoted an enterprise value of Rs 18,000 crore for 100 per cent equity shareholding of the Centre .

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