Wednesday, May 18, 2022
Outlook.com

Reports Of Tata Sons Winning Air India-Bid 'Incorrect': DIPAM Sec

It added that the media would be apprised of the development pertaining to the disinvestment and when it is finalised.

Reports Of Tata Sons Winning Air India-Bid 'Incorrect': DIPAM Sec

Secretary of Department of Investment and Public Asset Management (DIPAM) clarified on Twitter that media reports claiming Tata Sons has won the bid for the national carrier Air India are 'incorrect'.  He added that the media would be apprised of the development pertaining to the disinvestment as and when it is finalised. 

Multiple media reports on Friday have been claiming that Tata Sons had emerged as the winning bidder for the national carrier. 

The Union Government has been trying to sell the debt-laden national carrier which has been kept afloat with multiple bailout packages since 2012. 

Advertisement
Advertisement
Advertisement