September 17, 2021 No Comments

Tata Sons and SpiceJet Bid For Air India Buy Out

A group led by Ajay Singh, chairman of Tata Sons and SpiceJet has made a financial bid for Air India on September 15, 2021. In recent media reports, it has been said that Tata Sons, its 100 per cent arm Tales Pvt Ltd and SpiceJet CEO Ajay Singh have submitted these bids in their individual capacity and in connivance with some investment funds. Tata Sons, which operates Vistara, and AirAsia India are at the forefront of the bidding process for the sale of Air India. Tata Sons has submitted its bids through its 100% branch Tales Pvt Ltd. The company’s

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