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Tata Power has been a key player in Bhutan’s energy sector since 2008 when it helped develop the 126 MW Dagachhu Hydropower Plant—the first public-private partnership in Bhutan’s hydropower sector.
Mukesh Ambani, Chairman of Reliance Industries, expressed deep sorrow over the passing of Ratan Tata, former chairman of Tata Sons.
Maharashtra Chief Minister Eknath Shinde arrived at the hospital to pay his respects.
SIA would contribute $250 million to Air India as part of the deal, according to a statement from the Singaporean airline. Subject to regulatory approvals, the merger is expected to be finalised by March 2024.
Tattered seat covers, broken head rests, arm rests taped and dysfunctional seat-back entertainment screens problems major concerns for Tata Sons
Tata Sons have now announced that on May 12. Scoot CEO Campbell Wilson has been appointed as the new MD and CEO of Air India.
Air India & AirAsia India are operated by the Tata Sons.
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.
The review petition was considered inside judges chambers as per the Supreme Court rules.
On October 8 the Tata Sons had won the bid for Air India.
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.
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.
He further added that Tata would endeavour to deliver a world-class airline to make every Indian proud.
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