Tata regains Air India control in privatization victory for Modi

Tata regains Air India control in privatization victory for Modi

132.00 $
Autoteile
2 weeks
Italia
Trentino-Alto Adige
5760 - Freistadter Strasse 63
13 views
ID: 77784
Published 2 weeks ago by VirgilMcGah
132.00 $
In Autoteile category
Freistadter Strasse 63, 5760, Trentino-Alto Adige, Italia
Get directions →
13 item views
By Aditi Shah NEW DELHI, Jan 27 (Reuters) - India's Tata Group took control of state-run carrier Air India on Thursday, regaining ownership of the airline after nearly 70 years and marking a victory for Prime Minister Narendra Modi's privatization push. The auto-to-steel conglomerate in October won the bid website to take over Air India in a $2.4 billion equity and debt deal, ending years of struggle to privatize the financially troubled airline that was kept afloat using taxpayer funds. The Air India strategic disinvestment transaction has been completed today with the government receiving about $360 million in equity and Tata taking over more than $2 billion of Air India's debt, the finance ministry said in a statement If you loved this information and you would like to receive even more info concerning joker123 kindly go to the web site. . Read more

Published on 2024/12/20

Description

By Aditi Shah NEW DELHI, Jan 27 (Reuters) - India's Tata Group took control of state-run carrier Air India on Thursday, regaining ownership of the airline after nearly 70 years and marking a victory for Prime Minister Narendra Modi's privatization push. The auto-to-steel conglomerate in October won the bid website to take over Air India in a $2.4 billion equity and debt deal, ending years of struggle to privatize the financially troubled airline that was kept afloat using taxpayer funds. The Air India strategic disinvestment transaction has been completed today with the government receiving about $360 million in equity and Tata taking over more than $2 billion of Air India's debt, the finance ministry said in a statement If you loved this information and you would like to receive even more info concerning joker123 kindly go to the web site. .

Meet the seller

VirgilMcGah
Freistadter Strasse 63, 5760, Breitenbergham, Villa d'Orazio, Campania, Austria
1 active listings
Peronal seller
Last online 2 weeks ago
Registered for 2 weeks

Comments (0)

No comments has been added yet
Add comment
VirgilMcGah
VirgilMcGah
1 active listings
Last online 2 weeks ago
Send message
Are you a professional seller? Create an account