Decision on Air India bid by mid-May: Tata Sons Chairman
Tata Sons Chairman N Chandrasekaran on Friday said the conglomerate will take a decision on buying a stake in debt-ridden Air India by mid-May. The deadline for submitting initial bids for the carrier is May 14. Earlier, a report claimed that Tata Sons was not very keen on bidding for Air India as the government's terms are 'too onerous'.