Tatas get control of Air India after 7 decades companies 

Tatas get control of Air India, after 7 decades

The Tata Group on Thursday regained ownership of Air India, 69 years after the airline was nationalised. The salt-to-software conglomerate promised to turn the loss-making carrier into a world-class airline. The handover has come as a culmination of the government’s attempt to transfer the ownership of the loss-making airline to a private owner. The airline never made profit since its merger with Indian Airlines in 2007-08 and reported a loss of Rs 7,017 crore in FY21. The acquisition gives Tatas 100 per cent ownership in Air India, its low-cost subsidiary Air India Express and…

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Bharti Airtel, TCS To Jointly Build 5G Networks In India

By Administrator_ India Capital Sands Bharti Airtel and Tata Group have entered into a strategic partnership for implementing 5G network solutions for India. “Airtel will pilot and deploy this indigenous solution as part of its 5G rollout plans in India and start the pilot in January 2022, as per the guidelines formulated by the Government of India,” Bharti Airtel said in a regulatory filing to the stock exchanges. Gopal Vittal, MD & CEO (India and South Asia) Bharti Airtel said, “We are delighted to join forces with the Tata Group…

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