Featured

Tata Sons Wins Bid For Air India!

By
OB Bureau

New Delhi: Tata Sons has reportedly won the bid for the debt-laden state-run airline Air India.

A panel of ministers has accepted a proposal recommending Tata Sons’ bid for the national carrier, Bloomberg reported on Friday.

SpiceJet founder Ajay Singh was also among the bidders.

While Tata Sons and Air India declined to comment, the finance ministry spokesperson did not immediately respond to a Reuter’s message.

“Air India getting back to Tatas means AI coming back to the top. I am personally very happy… Tatas will become a dominant player not only in India but worldwide,” former Executive Director of Air India Jitendra Bhargava was quoted as saying by CNN News18.

The government will divest its 100 per cent stake in the debt-ridden Air India, Air India Express and 50 per cent stake in the ground handling company (AISATS), a TOI report said.

OB Bureau

Recent Posts

Newborn Girl Found Abandoned Near Bush In Odisha’s Mayurbhanj

Baripada: A newborn girl was found lying near a bush at Bhanra village under Karanjia…

November 8, 2024

Shah Rukh Khan Bagged ‘Baazigar’ After Salman Khan Rejected It

Mumbai: Salman Khan and Shah Rukh Khan, the leading superstars of Bollywood, came from different…

November 8, 2024

Dhanush & Nithya Menen Starrer ‘Idli Kadai’ To Release On This Date

Mumbai: Actor-filmmaker Dhanush took to his X handle on Friday to announce the release date…

November 8, 2024

National Hockey: Another Big Win Takes Odisha Closer To Knockout Stage

Chennai: Odisha all but booked a berth in the knockout stage of the 14th Hockey…

November 8, 2024

Traffic Restrictions For Panchaka, Badaosa At Dhabaleswar Temple In Odisha’s Cuttack; Check Details

Cuttack: Several traffic restrictions have been imposed to ensure smooth movement of devotees to Dhabaleswar…

November 8, 2024

Late Sidhu Moose Wala’s Brother Is A Carbon Copy Of Him

Mumbai: Sidhu Moose Wala's parents Balkaur Singh and Charan Kaur shared a picture of their…

November 8, 2024

Unique Protest: No Dating, No Sex, No Babies With Men Who Voted For Donald Trump

New York: A group of American women has launched an unprecedented protest against men who…

November 8, 2024

4 More Handicrafts Granted Official Approval In Odisha; Total Number Now 55

Bhubaneswar: Four more handicrafts were granted approval by the Odisha government, taking the total number…

November 8, 2024