Sources said that the Tata group plans to operate both in full service and low cost segments
In a Q&A, Tuhin Pandey also said govt plans to list LIC in this financial year
Sources said the SBI-led consortium has agreed to grant both term loans and working capital loans depending on the airline's requirements
Cabin crew are being trained on procedures, focus on service with finesse
Tamil Nadu govt announces reopening of physical classes for students of standard 1 to 12 from Feb 1, decides to lift night curfew from Jan 28
'The entire nation's eyes are on us, waiting to see what we will achieve together,' Chandrasekaran tells Air India employees
The entire nation's eyes are on the Tata Group and Air India waiting to see what they will achieve together, Tata Sons Chairman Natarajan Chandrasekaran told the carrier's employees
NEW DELHI (Reuters) -India's Tata Group took control of state-run carrier Air India on Thursday, regaining ownership of the airline after nearly 70 years and marking a victory for Prime Minister Narendra Modi's privatisation push.
'We are excited to have Air India back in the Tata Group and are committed to making this a world-class airline,' Tata Sons Chairman N Chandrasekaran said in a statement
The group also said it philosophically agrees with 'the Prime Minister's vision for the aviation sector, of making it affordable and ensuring it contributes to boosting 'Ease of Living' for citizens'
Air India will boom under the wings of the new owners and the airline will pave the way for a thriving and robust civil aviation sector in India, Aviation Minister Jyotiraditya Scindia said
Business Standard brings you the top headlines on Thursday
Tata Sons chairman N Chandrasekaran called on Prime Minister Narendra Modi on Thursday ahead of the official handover of Air India to the Tata Group.
There will be changes in seating arrangements and also the dress of the cabin crew, say sources
The management control of national carrier Air India is set to be handed over to a subsidiary of Tata Sons.
The government had in October last year, inked the share purchase agreement with the Tata Group for the sale of national carrier Air India for Rs 18,000 crore
The government will hand over the control of debt-laden national carrier Air India to the Tata group on Friday
LIC and State Bank of India were top investors in AI's debt
Business Standard brings you the top headlines on Wednesday
The Indian government is likely to hand over Air India to the Tata Group on Thursday, nearly 69 years after it was taken from the conglomerate