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Tata Group to Acquire 100% Stake in Air India

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Tata group has emerged as the successful bidder of the divestment process of the national carrier Air India. The Tata group's holding company, Tata Sons through its wholly-owned subsidiary Talace Pvt Ltd submitted a winning bid of Rs 18,000 Crore as the Enterprise Value of Air India.

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This press release was sourced from Tata Group on 08-Oct-2021.