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Tata Sons bids to buy public sector company Air India

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Air India Disinvestment: The disinvestment of the debt-ridden public sector company Air India has now reached the last stage. Today was the last date for bidding in Air India. Only two investors have bid in this. According to news agency PTI, Tata Sons has made a bid to buy Air India. A company spokesperson gave this information. Apart from this, Ajay Singh of SpiceJet has bid in his personal capacity.

The Secretary, Department of Investment and Public Asset Management (DIPAM) said that financial bids have been received for the acquisition of Air India. Financial bids were received by the Transaction Advisor for the disinvestment of Air India. He said that the process is now in the final stage.

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