Login

Post on Medial

Jaswanth Jegan

Stealth • 5m

This is more than a takeover for Tata Group Bankruptcy to Billions #7 Tata's Air India Story Air India was founded by J.R.D. Tata in 1932 as Tata Airlines.In 1948 Indian govt acquired 49 percent stake and renamed it as Air India.Air India expanded rapidly, introducing international flights and becoming known for its luxurious service. Despite its reputation, the airline faced rising fuel costs, and inefficiencies in management and faced too much competition from private Airlines after 1990. In early 2000s the airline struggled with losses and debt.In 2007 Air India merged with Indian Airlines another government airline. Then government provided multiple financial bailouts to keep the airline afloat. Then Govt decided to privatize Air India in 2022 Tata Group acqquired it the Airline was returned to its original founders after seven decades. Under Tata's ownership Air India is undergoing significant restructuring to improve efficiency, service standards, and profitability.

4 replies11 likes
Replies (4)

More like this

Recommendations from Medial

Image Description
Image Description

Jaswanth Jegan

Stealth • 4m

“Plane Ticket in cost of a Train Ticket” Disruption Dairies #3 Deccan Airlines was founded by Captain G.R. Gopinath in 2003 as India’s first low cost Airline with a plan of offering plane ticket in a train ticket cost. To keep the operating costs

See More
25 replies26 likes
4
Image Description

Shrinivas Bhalerao

Stealth • 6m

Acquiring a majority stake in Pegatron Corp.'s iPhone manufacturing operations in India grants Tata Group access to advanced technology and manufacturing expertise, bolstering its position in the global smartphone market. This move diversifies Tata's

See More
2 replies10 likes
Image Description

Mahendra Lochhab

Stealth • 4m

Tata Group signs lease agreement with Assam govt to set up Rs 27,000 crore semiconductor unit

1 replies6 likes
Image Description
Image Description

Jaswanth Jegan

Stealth • 7m

Electric AIR Taxi is about to launch in India By 2026 by IndiGo Airline Parent Company InterGlobe 🔥 AIR Taxi ⬆️ BIKE Taxi ⬆️ CAR Taxi

10 replies17 likes
-17
Image Description
Image Description

Jaswanth Jegan

Stealth • 4m

Why most of the Airlines go Bankrupt? Why is it so tough to Run an Airline not only in India but in the whole world.

74 replies41 likes
3
Image Description
Image Description

Aditya Arora

 • 

Faad Network • 1m

Meet the man who donated 65% of his 8.29 Lakh CR to charity. 1962: Ratan Tata joined the Tata Group in after receiving his B.Arch. Degree from Cornell and briefly working with Jones and Emmons in Los Angeles. 👨‍🎓 1971: Tata was appointed the Dire

See More
3 replies43 likes
8
Image Description
Image Description

Jayant Mundhra

 • 

Dexter Capital Advisors • 5m

3k crore of taxpayer money burnt in the last two years 📛📛 And Modi Govt is set to burn another Rs 1.2k crore in FY25 for what is clearly another Air India in the making. For what? And worse, this time, there may be no buyers either. .. FY23: Go

See More
6 replies17 likes
1
Image Description

Shuvodip Ray

 • 

YouTube • 5m

Tata Group is in advanced talks to acquire a majority stake in Vivo India.

1 replies3 likes
Image Description
Image Description

Shrinivas Bhalerao

Stealth • 6m

As of April 2024, Tata Group is in the final stages of negotiations to acquire a majority stake in Pegatron Corp.'s iPhone manufacturing operations in India. The deal is expected to be finalized as soon as May. After the deal, Tata Group will run Peg

See More
3 replies8 likes
1
Image Description

Aakash kashyap

Stealth • 1m

Rakesh Gangwal and Rahul Bhatia co-founded IndiGo Airlines in 2006, aiming to create a successful low-cost airline in India. Gangwal later stepped down from the board in 2022 but retained a significant stake in the company.

1 replies5 likes
1

Download the medial app to read full posts, comements and news.