CCEA empowered Air India Specific Alternative Mechanism has approved the highest price bid of Talace Pvt Ltd, a wholly owned subsidiary of Tata Sons Pvt. Ltd for sale of 100% equity shareholding of Government of India in Air India along with equity shareholding of Air India in AIXL and AISATS. Tata Son’s bid quoted an enterprise value of Rs 18,000 which includes the debt of Rs 15,300 crore that it will take over and the Rs 2,700 crore cash that will go to the government of India. In this episode we discuss various aspects of TATA’s takeover of Air India and also the challenges before the new owners of Maharaja in their journey from here onwards.
Guests:
1- Sanjiv Bajaj, President Designate, Confederation of Indian Industry
2- Dr. Sanat Kaul, Chairman of International Foundation For Aviation and Drones
3- Jitender Bhargava, Former Executive Director, Air India
Anchor – Vishal Dahiya
Producer – Amit Srivastava
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