Tata Sons begins due diligence to buy Jet Airways: Reports
Tata Sons is reportedly conducting due diligence on Jet Airways, as it looks to buy a majority stake in the cash-strapped airline. Reports said Tata Sons CFO Saurabh Agarwal is leading the discussions while Jet Airways is represented by Chairman Naresh Goyal, who owns a controlling 51% stake. Tata already has two aviation joint ventures with Singapore Airlines and AirAsia.