The government has rejected reports that the Tata Group’s bid to buy Air India has been accepted. In this case, the government says the media reports are false, nothing has been decided yet.
The media will be informed automatically whenever a decision is made. It may be recalled that earlier there were some reports which claimed that the government had accepted Tata’s offer to buy Air India.
The government had invited tenders to sell its entire 100 per cent stake in Air India. The government will sell a 50 per cent stake in Air India Sets (AISATS), another Air India company.
According to the report, the Tata group had bid around Rs 3,000 crore more than SpiceJet chairman Ajay Singh. The last date for bidding for Air India was September 15.
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