Tata gear up to fly Air India again, Maharaja’s sale in final stage

Updated : Apr 05, 2021 11:02
|
Editorji News Desk

The Mint reports that Tata Sons is now the front-runner to buy state-run Air India, and is likely to submit the financial bid as early as this month.

Pension liability, ownership of real estate were some of the points that required clarity for the Tata Group and reports indicate the govt has provided the required information. 

With a loss of Rs 10,000 cr for the last fiscal the Govt is keen to close the sale of the Maharaja by June else they would be forced to shut down operations for the national carrier. 

TATA sonsAir India

Recommended For You

editorji | Business

Repo rate today at 5.25%: how long an RBI decision takes to reach your home loan interest rate

editorji | Business

Step-by-step guide to apply for a mortgage loan online with minimal documentation

editorji | Business

Honda Activa 6G: Everything You Need to Know Before Buying

editorji | Business

How much does a ULIP plan really cost? A break-down of all charges

editorji | Business

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27