New Delhi Jan 27 PTI The government on Thursday officially handed over Air India to the Tata GroupTata Sons chairman N Chandrasekharan said the group is very happy to have Air India back in its foldDepartment of Investment and Public Asset Management DIPAM Secretary Tuhin Kanta Pandey told reporters that Air India has been handed over to Talace Private Limited a subsidiary of the Tata Groups holding company which is the successful bidderNow the new owners of the airline are Talace Pandey notedSpeaking to reporters here Chandrasekharan said We are totally delighted that the takeover process of Air India is complete We are very happy to have Air India back in the Tata group We look forward to working with everyone to create a world-class airline he addedAfter a competitive bidding process the government had on October 8 last year sold Air India to Talace Private Limited for Rs 18000 crore PTI DSP DIV DIV
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