Friday, October 08, 2021

Tata Group emerges as winning bidder for Air India, says govt

Financial bids put in by the Tata Group and SpiceJet promoter Ajay Singh were opened a few days back and were vetted by the core group of secretaries on disinvestment headed by the cabinet secretary earlier this month.The bids were evaluated against the reserve price set and Tatas emerged as the highest bidder. Stay here for all latest updates.

The consortium led by SpiceJet founder Ajay Singh quoted a financial bid of Rs 15,100 crore said DIPAM secretary.

Tata's quoted a winning bid of Rs 18,000 crore, said. DIPAM secretary.

08/10/2021 Times of India

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