INSUBCONTINENT EXCLUSIVE:
Tata Sons is said to be the winning bidder for Air IndiaTata Sons has been selected as the winning bidder for the debt-laden state-run
airline Air India, Bloomberg reported on Friday.A panel of ministers accepted a proposal from officials recommending the salt-to-software
conglomerate ahead of an offer from Ajay Singh, promoter of India's airline operator Spicejet Ltd, the report said.A spokesperson for Tata
A finance ministry spokesperson did not immediately respond to a Reuters message seeking comment, while Air India declined to comment.Prime
Minister Narendra Modi's government has been pushing to sell its entire interest in the loss-making airline, kept aloft by a bailout since
It had also extended the deadline multiple times due to the pandemic.
