16 fly-away aircraft are scheduled to land between September 2023 and August 2025 while the first ‘Made in India’ aircraft is expected in September 2026.
Mistry and another person were killed in the tragedy. PM Modi, Union minister Piyush Goyal, Tata Sons Chairman N. Chandrasekaran among those who condoled the loss.
The conglomerate will likely face stiff competition in the sector from existing global giants such as Unilever, as well as Indian tycoon Mukesh Ambani’s Reliance Industries.
The group also said it philosophically agrees with PM's vision for the aviation sector, of making it affordable and ensuring it contributes to boosting 'ease of living' for citizens.
After a competitive bidding process, the Centre had on October last year sold the airline to Talace Private Ltd, a subsidiary of the Tata Group's holding company, for Rs 18,000 crore.
The government on 8 October had announced that salt-to-software conglomerate Tatas have won the bid to acquire debt-laden national carrier Air India for Rs 18,000 crore.
An official announcement is expected in the coming days. For Tata Sons, the recommendation means it’s coming back to an asset it started almost 90 years ago.
‘Mother kept pouring water in our eyes whenever the burning became unbearable. She pushed our bodies deep into the blanket, making sure not a single part was exposed,’ my father said.
December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.
The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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