Tata Group will establish a common office in Gurugram for Air India, Air India Express, and Air Asia India
By March 2023, The Tata Group hopes to consolidate three of its four airlines under a single roof in Gurugram.
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The Tata Group shares reached new highs and entered the list of the top 100 most valuable firms
In the last five trading sessions, the Tata Group shares increased by roughly 11%.
IndiGo widens lead over Tata group carriers in April
IndiGo airlines took massive month-on-month lead over its rival Tata group in April 2022 flying 64.11 lakh passengers and controlling nearly 59% market share in domestic market.
Alliance Air is no longer a subsidiary of Air India, Check details here
On October 8 2021, the Tata Sons had won the bid for Air India. Tata’s had placed the bid amount worth ₹18,000 crore.
Supreme Court agrees to hear SP Group’s review petition against Tata
The Supreme Court has accepted a review petition filed by the Shapoorji Pallonji Group, which challenged the top court's decision last year in favour of Tatas.
India-Maldives clocks 46 years of air service, Air India flight gets water cannon salute
“Transport Bubbles” are temporary pacts between two countries for resuming commercial passenger assistance while regular international flight suspension proceeds.
Tata Steel reports net profit of Rs 9,572 crore in Q3
On Friday, before the results, Tata Steel shares shut at 0.67% higher to sit at ₹1,174 apiece on NSE.
Tata Group officially takes over Air India from the government
In October last year, the government had sold Air India to Talace Private Limited- a subsidiary of the Tata group's holding company- for ₹18,000 crore.
Tata Teleservices Ltd opts to convert the interest & AGR dues into equity
The government is likely to own a 9.5% stake in the company.
IPL: Tata Group gets IPL title rights , VIVO pulls out
Vivo pulls out, hands IPL title rights to Tata.
Air India lenders to offer ₹35,000 crore in loan to Talace: Report
The lenders are likely to be informed by Tata about the allocation in the first week of January.
Government approves share purchase deal with Tata Sons for ₹18,000 crore Air India agreement
Tatas defeated the Rs 15,100-crore offer by a consortium led by SpiceJet promoter Ajay Singh and the reserve price of Rs 12,906 crore set by the government to sell its 100 per cent stake in the loss-making carrier.
Government plans to raise over ₹30,000 crores via bond sale to solve Air India’s debt issues: Report
Tata Sons acquired the deal to purchase a debt-laden airline with a winning bid of Rs 18,000 crore, of which the debt took over by Tata will be Rs 15,300 crore while Rs 46,262 crore will continue with AIAHL.
Tata Chairman N Chandrasekaran calls the group’s acquisition of Air India a ‘Historic Moment’
He further added that Tata would endeavour to deliver a world-class airline to make every Indian proud.
Tata Sons wins bid to acquire Air India: Government
Talace Private Limited, an entity of Tata Sons, will be acquiring a 100 per cent stake in the carrier as part of the acquisition.
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