Tata Group chairman N Chandrasekaran isn’t ruling out bidding for Air India
Tata Group chairman N Chandrasekaran isn’t ruling out bidding for Air India, India’s flag carrier, which was founded by the Tatas 87 years ago.
“I will ask the team to evaluate it,” Tata Sons Chairman N Chandrasekaran told TOI in an interview.
“Ideally it should be a Vistara decision, not a Tata Sons decision,” Chandrasekaran said before adding, “I’m not going to run a third airline (in addition to Vistara and AirAsia). Unless we merge. There are issues. I will never say yes or no. I don’t know.”
Earlier on October 11, sources told BusinessLine that Tata Sons, the salt-to-software conglomerate is finally readying to bid for Air India and is believed to have started initial discussions internally for placing an offer.
