Tataentered into a share purchase agreementwith the government in October 2021 to buy the 100% stake, which comes together with 100% of low-cost subsidiaryAir India Expressand 50% of groundhandler Air India SATS, for INR180 billion rupees (USD2.4 billion). The companies will be transferred ...
Renowned for its innovative spirit, Tata Motors has consistently delivered world-class solutions tailored to meet the diverse needs of its customers. With a strong manufacturing base comprising 10 facilities and 3 R&D centers in India, alongside 12 global JLR facilities, the company maintains a ...
3India1,407,563,842 147 4Tajikistan9,750,064 134 5Burkina Faso22,100,683 128 6Iraq43,533,592 121 7United Arab Emirates9,365,145 119 8Nepal30,034,989 118 9Egypt109,262,178 118 10Democratic Republic of the Congo95,894,118 114 ...
India’s government has reportedly shortlisted the Tata Sons conglomerate and the owner ofSpiceJet(SG,Delhi International) for its long-plannedAir India(AI,Delhi International) divestment, and due diligence on the hoped-for sale is expected to begin in early April, the business television news cha...
Founded by Jamsetji Tata in 1868, theTata groupis a global enterprise, headquartered in India, comprising 30 companies across ten verticals. The group operates in more than 100 countries across six continents, with a mission 'To improve the quality of life of the communities we serve globally,...
With the government not looking to further fund the loss-making Air India, a quick sale to the Tata Group could be ideal. However, a lot could change between now and the next few weeks, and we'll be sure to keep you updated on everything! What do you think of a Tata takeover of...
While the merger with Vistara will enable Tata to strengthen Air India’s presence in the skies, both domestic and international, the deal of ordering 500 jetliners will help the airline win back a significant share of traffic flows to and from India, currently dominated by foreign carriers such...
Mr Natarajan Chandrasekaran, Chairman, Tata Sons, said: “The merger of Vistara and Air India is an important milestone in our journey to make Air India a truly world-class airline. We are transforming Air India, with the aim of providing great customer experience, every time, for e...
Why the Tata Group Refuses to Give Up on Its Air India DreamChaudhari, YugaSingh, Rohinee
Air India was founded by Tata Group in 1932 and nationalised in 1953. This is the second time that the government has put the debt-laden national airline on sale. Previously, the government planned to sell a majority stake in Air India. ...