Salt-to-software conglomerate Tata Group on Thursday took over Air India and vowed to turn the loss-making carrier, it had founded but had lost control nearly seven decades back, into a world-class airline. N Chandrasekaran, Chairman of Tata Sons, which in October last year beat a consortium led by rival SpiceJet promoter to win the bid […]
Tag Archives: tata group
28
Aug
Aug
The Maharashtra Tourism Development Company (MTDC) has signed a memorandum of understanding (MoU) with the Tata Group-backed Indian Hotels Company to hand over 54.4 hectare of land in Konkan’s Sindhudurg district on a 90-year lease for setting up of a five-star tourist centre. The company is expected to invest Rs 100 crore in the first […]
India, News, Round Up
Life has come full circle for Tata Group, as it reportedly emerges as only bidder for Air India
09
Jul
Jul
The Tata group is the only bidder in the fray for national carrier Air India with just a month left for the final bidding date. The Tata group, which already has a footprint in the airlines business, has shown interest in acquiring Air India, which at one point of time was under the Tata umbrella, […]