The Competitors Payment of India on Monday accepted purchase of shareholding in Air India by Talace Private Limited, a wholly-owned subsidiary of Tata Sons.
Together with the purchase of shares in Air India, the reasonable profession regulatory authority additionally accepted risk purchase by Talace in Air India Express and also Air India SATS Airport Terminal Providers.
“Payment authorizes purchase of shareholding in Air India, Air India Express & Air India SATS Airport Terminal Providers by Talace,” it stated in a tweet.
(Even more information to comply with.)