Tata Group Submits Expression of Interest for Buying Air India
Tata Group has recently submitted an expression of interest for the flag carrier, Air India. But instead of going through with Vistara, an airline which the group co-owns with Singapore Airlines, the Indian conglomerate has submitted the expression of interest with AirAsia India. For the unaware, AirAsia India is also owned by the Tatas. As per a report from the Times of India, apart from Tata Group, two other parties namely Ajay Singh, owner of SpiceJet and 200 employees of Air India union are expected to place an expression of interest for the airline. More details on the story ahead.
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