Tata Sons chief to pitch plan to buy Jet Airways to board: Report
Tata Sons Chairman N Chandrasekaran is expected to present a business viability plan on a proposed acquisition of cash-strapped Jet Airways to the board on Friday, as per reports. The move would be Tata's third investment in India's aviation sector since the launch of AirAsia India and Vistara. Jet, with a 124-aircraft fleet, has a domestic market share of 15.8%.