The Air India disinvestment process got completed today 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 delighted to have Air India back at the Tata Group and are committed to making this a world-class carrier.”
The PMO in a tweet along with photograph said, “N Chandrasekaran, the Chairman of Tata Sons called on PM @narendramodi.” Chandrasekaran later also visited the Air India headquarters here.