Tata Sons Group has acquired air india, which is controlled by the government of india, through an auction as it was heavily in debt.
Air india is expected to go fully under Tata Sons management in december or january, with a sale agreement between the central government and the Tata Sons Group.
In this situation, Tata Sons have given an important order to the air india board.
Tata Sons
Tata Sons' Tales, the parent company of the Tata Group, has successfully acquired air india in competition with SpiceJet. In this situation, Tata has decided to make full use of air india 100% from day one.
Air India
In this situation, Tata Sons air india is expected to be completely taken over by the government in early january or in the last week of December. Last week, Tata Sons ordered the resignation of the board members of air India.
Tata - air india executives resign over Tata's order...?
Board of Directors
The Board of Directors of air india is expected to resign in the run-up to the air india Board of Directors meeting in December. According to reports, Tata Sons has ordered the departure of seven air india board members.
7 high officials
Accordingly, 4 Directors, 2 government Nominee Directors, the Chairman and the Managing Directors are due to step down, bringing the entire air india board of directors to Tata Sons by the end of next month. The last executive committee meeting of air india is scheduled to take place in the 2nd or 3rd week of December.
Link
Meanwhile, Tata Sons are planning to merge its air Asia Express service with air Asia India. Also, should the name of air india, which is controlled by Tata Sons, be changed? What is your opinion as a Common Man..?
