News > Air India to be handed over to Tata Sons after R- Day

Air India to be handed over to Tata Sons after R- Day

East Coast Daily | 26/01/2022 08:45 AM | Click to read full article

January 27 has been set as the date to complete the handover of Air India to the Tata Group, a delay from the earlier deadline of December-end.

Following delays in finalising the balance sheet of the airline and procuring the necessary approvals from global regulators, the targeted timeline for the closure of the deal was extended till January-end.