Tata Sons has won the bid for national carrier Air India, Bloomberghas reported.
Bloomberg has reported that a panel of ministers accepted a proposal recommending Tata Sons’ bid for debt-laden state-run airline Air India.
Tata Sons declined to comment.
Jitendra Bhargava, the former Executive Director of Air India, told CNN News18: “Air India getting back to Tatas means AI coming back to the top. I am personally very happy… Tatas will become a dominant player not only in India but worldwide.”
Inputs from agencies