Tata Group takes over Air India
The process of Air India disinvestment got completed on Thursday with the government officially handing over the management control of the airlines to Talace Private Limited, a subsidiary of the Tata Group’s holding company.
After taking over the airlines, Tata Sons Chairman N Chandrasekaran, who met Prime Minister Narendra Modi earlier in the day said, “We are totally delighted to have Air India back at the Tata group and are committed to making this a world-class carrier.”
The Prime Minister’s Office (PMO) in a tweet along with a photograph said, “Shri N Chandrasekaran, the Chairman of Tata Sons called on PM @narendramodi,” Chandrasekaran later also visited the Air India headquarters here.
