Ilker Ayci appointed as CEO, MD of Air India: Tata Sons
New Delhi: Tata Sons on Monday announced the appointment of Ilker Ayci as the CEO & MD of Air India.
Tata Sons extends N Chandrasekaran's term as chairman for 5 years
Mumbai: The board of Tata Sons on Friday announced the extension of the tenure of chairman N Chandrasekaran for a period of five years.
Govt settled Air India's Rs 61,000 cr debt before transfer to Tatas
New Delhi: The Centre has settled more than Rs 61,000 crore of Air India's legacy debt and other liabilities that were left in Air India Assets Holding Limited (AIAHL) -- before the transfer of the national carrier to the Tata Group, media reports said.
New Delhi/IBNS: Tata Sons Chairman N Chandrasekharan on Thursday said he is "convinced that the golden age of Air India lies ahead" as he welcomed the employees of the airline addressing them as "members of the Air India family".
Tatas to take over Air India on Thursday, new board to pilot the airline
New Delhi/UNI: Tata group is all set to take control of Air India on Thursday marking the end of long-running disinvestment process for the loss-making carrier.
Air India appoints Vikram Dev Dutt as CMD
Mumbai/IBNS: Air India on Friday appointed Vikram Dev Dutt as its chairman and managing director (CMD).
Banks offer Rs 35,000 cr loan to Air India's new owner Talace promoted by Tata
Mumbai/IBNS:Air India has been offered a loan of over Rs 35,000 crore at a weighted-average yield of 4.25 percent, the cut-off rate at which the government last raised one-year money through an auction of 364-days treasury bills, ET reported.
As Ratan Tata turns 84, here's a look at another great year of India's greatest businessman
Mumbai/IBNS: Legendary businessman Ratan Tata celebrated his 84th birthday on Tuesday. Birthday wishes poured in for the Chairman Emeritus of Tata Sons with netizens sharing photos from his youth and inspirational quotes from him.
Expat CEO to lead Air India; board to be reconstituted: Report
Mumbai/IBNS: Tata Sons has chosen a non-Indian CEO to head Air India and also shortlisted members for reconstituting the board of the acquired national career before it finally takes over in January 2022, media reports said.
Noel Tata steps down from all executive posts in Tata Group
Mumbai/IBNS: Noel Tata has stepped down as the managing director of Tata International after turning 65, the retirement age for the senior personnel in Tata Group, Economic Times reported.
Tata Sons working on merger of Air Asia India with Air India Express: Report
Mumbai/IBNS: Tata Sons has started working on the merger of budget carrier Air Asia India with Air India's low fair wing Air India Express in a bid to achieve synergies and cut operational costs, Economic Times reported.
Tata Sons to take over national carrier Air India, wins bid at Rs 18,000 crore
New Delhi: Tata group won the bid to acquire India's flagship carrier Air India, adding another airline brand in its hangar with the other two being Vistara and Air Asia India, here on Friday.
Air India Disinvestment: Ratan Tata, Chandrasekaran to soon meet panel of ministers led by Amit Shah
New Delhi/IBNS: Tata Group chairman emeritus Ratan N Tata and Tata Sons chairman Natarajan Chandrasekaran are likely to soon meet a panel of Union ministers led by Home Minister Amit Shah to talk about the final parts of the salt-to-software conglomerate’s bid for Air India, two sources aware of the negotiations have told Moneycontrol.
Reports claiming Tata Sons won Air India bid incorrect: Govt
New Delhi/IBNS: The central government has rubbished the reports claiming Indian multinational conglomerate Tata Sons won the bid to acquire debt-ridden national airline Air India.
Tata Sons wins bid to acquire Air India: Reports
New Delhi/IBNS: Indian multinational conglomerate Tata Sons has won the bid to acquire the debt-ridden national carrier Air India, media reports said.