{"id":441163,"date":"2021-10-11T10:09:41","date_gmt":"2021-10-11T04:39:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=441163"},"modified":"2021-10-11T11:03:18","modified_gmt":"2021-10-11T05:33:18","slug":"tata-sons-to-take-over-air-india-wins-bid-at-%e2%82%b918000-crore-staff-to-be-retained-for-1-year","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-sons-to-take-over-air-india-wins-bid-at-%e2%82%b918000-crore-staff-to-be-retained-for-1-year\/","title":{"rendered":"Tata Sons to take over Air India, wins bid at \u20b918,000 crore; staff to be retained for 1 year"},"content":{"rendered":"<p>Tata Sons has emerged as the winner in the Air India bidding at \u20b918,000 crore and will be taking over the debt-laden airline. The finance department assured that there will be no sacking of the employees for a year. With this, the airline will go back to the Tatas who have a long history with the national carrier. JRD Tata founded the airline in 1932 and it was at that time called Tata Airlines. <\/p>\n<p>Tata Sons bid \u20b918,000 crore for the government&#8217;s 100% stake in Air India, a finance ministry official told reporters. The bid by the consortium led by SpiceJet chairman Ajay Singh was \u20b915,100 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Sons has emerged as the winner in the Air India bidding at \u20b918,000 crore and will be taking over the debt-laden airline. The finance department assured that there will be no sacking of the employees for a year. With this, the airline will go back to the Tatas who have a long history with the national carrier. JRD Tata founded the airline in 1932 and it was at that time called Tata Airlines. Tata Sons bid \u20b918,000 crore for the government&#8217;s 100% stake in Air India, a finance ministry official told reporters. The bid by the consortium led by [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[184,141,130],"tags":[],"class_list":["post-441163","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-hindustantimes","category-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/441163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=441163"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/441163\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=441163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=441163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=441163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}