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Explained: Tata Regains Control of Air India, Makes Rs 18,000 Crore Winning Bid

Tata Sons has been selected as the winning bidder to take over state-run carrier Air India, the government said. (File photo/PTI)

Tata Sons has been selected as the winning bidder to take over state-run carrier Air India, the government said. (File photo/PTI)

Tata Sons will retake Air India the airline it founded nearly 90 years back as the government accepted its winning bid of Rs 18,000 crore to acquire 100 per cent of the debt-laden state-run carrier.

first published:October 08, 2021, 21:17 IST