Air India back in the hands of Tata Group after 68 years, wins bid for 18,000 crores

Zee News Oct 08, 2021, 18:00 PM IST,

Tata's wholly owned subsidiary Tales Pvt Ltd made an enterprise value (EV) bid of Rs 18,000 crore, with debt of Rs 15,300 crore and a cash component of Rs 2,700 crore. Following which the Government of India on Friday announced Tata Group as the winning bidder for Air India.

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