Tata Sons has approved N Chandrasekaran’s re-appointment as chairman for another five-year term, reversing his August decision not to seek a third term.
Air India was yet to comment on the report. While the Tata Group has a 74.9 per cent stake in the carrier, the remaining is held by Singapore Airlines.
New Delhi: Tata Group has announced a compensation of Rs 1 crore each for the families of those who lost their lives in the tragic Air India Ahmedabad-London plane crash in Gujarat’s Ahmedabad on Thursday. Tata Group, which owns Air India, said it will provide Rs 1 crore to the families of each person who.