Tata group submits an expression of interest for Air India
Nearly 67 years after its exit, the Tata group again wants to pilot Air India.
Sources told The Telegraph the salt-to-software conglomerate had submitted an expression of interest for the troubled airline. It is learnt the $106-billion group is going solo and not through any of its two other aviation ventures — Vistara or Air Asia.
A company spokesperson declined to comment.
Apart from the Tata group, a section of Air India employees along with Interups Inc, an US-based fund, have filed expressions of interest (EoIs).
While there is speculation of bids by the Adanis and the Hinduja group, this could not be confirmed. The deadline for the submission of EoIs ended at 5pm on Monday.
