Tata Sons chairman Chandrasekaran meets PM ahead of Air India handover

  • Date: 27-Jan-2022
  • Source: Gulf News
  • Sector:Transport
  • Country:UAE
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Tata Sons chairman Chandrasekaran meets PM ahead of Air India handover

New Delhi: Tata Sons Chairman N Chandrasekaran on Thursday met Prime Minister Narendra Modi in the national capital before formal takeover of Air India. "Shri N Chandrasekaran, the Chairman of Tata Sons called on PM," the Prime Minister's Office said in a tweet after the meeting. This meeting is the final call, in aviation lingo, that now Air India is no longer a government of India enterprise, and has become a private entity. The meeting came after Air India handed over the balance sheet till January 20, 2022 to Talace, an aviation subsidiary of Tata Sons, who will manage the Air India, Air express and Air India's ground handling service. The Tata Group executives reviewed the balance sheet and had an option to ask for any correction till january 24, after that the government of India will hand over Air India, Air Express and its ground handling service to Tata Group, and with this 100 per cent disinvestment in Air India, a government PSU, will be completed. Chandrasekaran is also scheduled to meet key officials of the Central government before the formal handing over ceremony of Air India. Tata Group, which originally founded Air India, is set to regain its