Sunday, December 03, 2017

Air India: No formal interest from Tatas, clarifies Union Minister Jayant Sinha

Union minister Jayant Sinha today clarified that there was no formal expression of interest from the Tatas as regards the stake sale of Air India.

The comment of the Union minister of state for civil aviation sought to clear the air after he told CNBC TV-18 yesterday that there were indications of interest from the Tatas for Air India.

"No, there is no formal expression of interest from the Tatas on Air India," he told reporters here.

Sinha said his words as regards the Tatas' indication of interest were in reference to comments made by N Chandrasekharan, the executive chairman of the Tata Sons Ltd, on television about the company exploring the possibilities of participating in the stake sale of Air India.
02/12/17 PTI/moneycontrol.com

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