Surprisingly here is very interesting news that came to our knowledge get Air India to be handed over to tata group. If you are looking for Tata Group Air India News there is the complete details. However, we can expect that Tata Group will improve the service of Air India. We can expect more valuable facilities in this airline. Let’s start the brief discussion over this news and see some important key factors related to it.
Tata Group Air India: acquires 100% Stake in Air India After Indian Government Disinvestment
As per the details, the previous government airline Air India is now going to be privatized and handed over to Tata sons. The news about the Air India privatization come a few months ago and it was continuously in the headlines. There are many peoples who were waiting for this privatization. Definitely, it will surge the share price of Tata Group. And we can expect a massive rise in their share price today.
Now we want to tell you very important information which includes the detail about how much market share Tata Group has in the aviation sector. As per the details now Tata will control 3 Airlines in which tata has a 51% stake in Vistara and 84% stakes in Air Asia. Now after the privatization of Air India is going to be e a drastic turn in the TATA Group share prices.
Now Tata will 100% stakes in Air India and in this regard, we want to tell you that it government disinvestment it in Air India is is around rupees 18000 crore. Along with it now tata group will have ownership of iconic brands like Indian airlines and the Maharaja.
Comes to the share price then we want to tell you that after this news the share price was getting raised by a good percentage. Possibly we will see some major changes in the Air India services and we can expect good changes in the airline Air India from Tata Group. If you want more related updates then don’t forget to bookmark the page in your browser. On this website, you can read business news and finance-related updates from all over the world. Also so you can read about cryptocurrencies which are always in the headlines for months.