Air India is acquired by Talace, Tata Sons Subsidiary
Air India has been handed over to Tata Sons by the Government of India on 27 January 2022. With this, the management and control of Air India has gone to Tata Sons.
Air India, Air India SATS Airport and Air India Express have been acquired by Talace Pvt Ltd, a wholly owned subsidiary of Tata Sons.
Earlier, Air India was wholly owned by the government. Tata Sons subsidiary Tales had bought 100% equity of Air India by bidding for Rs 18,000 crore.
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