It is official that Air India belongs to Tata Group now with Prime Minister Narendra Modi-led government announcing the completion of the divestment process of the erstwhile government owned airlines, popularly called as 'Maharaja'. Tata Sons chairman N Chandrasekaran on Thursday arrived at the Air India House in Delhi to complete the formal handover process. After a competitive bidding process, the government had on October 8 last year sold Air India to Talace Private Limited, a subsidiary of the Tata Group's holding company for Rs 18,000 crore.
(Edited by : Ajay Vaishnav)
First Published: IST
Air India handover highlights: It's official; N Chandra-led Tata Group takes charge of Maharaja - CNBCTV18
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