{"id":463678,"date":"2022-01-25T08:26:18","date_gmt":"2022-01-25T02:56:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=463678"},"modified":"2022-01-25T09:00:49","modified_gmt":"2022-01-25T03:30:49","slug":"air-india-likely-to-be-handed-over-to-tata-group-on-jan-27-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-likely-to-be-handed-over-to-tata-group-on-jan-27-report\/","title":{"rendered":"Air India likely to be handed over to Tata group on Jan 27: Report"},"content":{"rendered":"<p>Air India is likely to be handed over to the Tata group by the end of this week, senior government officials said on Monday.<\/p>\n<p>After a competitive bidding process, the government had on October 8 last year sold Air India to Talace Private Limited &#8212; a subsidiary of the Tata group&#8217;s holding company &#8212; for Rs 18,000 crore.<\/p>\n<p>Following that, on October 11, a Letter of Intent (LoI) was issued to the Tata group confirming the government&#8217;s willingness to sell its 100 percent stake in the airline. On October 25, the Centre signed the share purchase agreement (SPA) for this deal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Air India is likely to be handed over to the Tata group by the end of this week, senior government officials said on Monday. After a competitive bidding process, the government had on October 8 last year sold Air India to Talace Private Limited &#8212; a subsidiary of the Tata group&#8217;s holding company &#8212; for Rs 18,000 crore. Following that, on October 11, a Letter of Intent (LoI) was issued to the Tata group confirming the government&#8217;s willingness to sell its 100 percent stake in the airline. On October 25, the Centre signed the share purchase agreement (SPA) for this [&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":[135,167,130],"tags":[],"class_list":["post-463678","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463678","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=463678"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463678\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=463678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=463678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=463678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}