Tata Trusts chairman Ratan Tata has credited the decision to bid for Air India to group chairman N Chandrasekaran. “The decision reached by Tata Sons was totally based on the study undertaken and concluded by those under the leadership of group chairman N Chandrasekaran,” Tata said in an email response to queries from ET.
Tata Sons, the group’s holding company is said to have also sought the counsel of Tata, its chairman emeritus, while putting in what turned out to be a successful bid. Air India is one of the largest acquisitions under the leadership of the current management.
