News > SIA allows Tata Sons to go ahead with solo bid for Air India, waives no-compete clause
SIA allows Tata Sons to go ahead with solo bid for Air India, waives no-compete clause
29/01/2021 07:31 PM | Click to read full article
Singapore Airlines (SIA), with which Tata Sons operates full-service airline Vistara, has reportedly waived off a non-compete clause, and is unlikely to partner with the holding company of the $113-billion (around Rs 8.34 lakh crore) coffee-to-cars conglomerate to bid for the beleaguered national carrier Air India.
The no-compete clause was a hindrance to Tata Sons' solo bid for Air India.