financetom
Business
financetom
/
Business
/
Entire nation's eyes on us: Tata Sons chairman to Air India employees after takeover
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Entire nation's eyes on us: Tata Sons chairman to Air India employees after takeover
Jan 27, 2022 10:18 AM

The entire nation's eyes are on the Tata Group and Air India waiting to see what they will achieve together, Tata Sons Chairman Natarajan Chandrasekaran told the carrier's employees in his first communique after taking over the airline on Thursday. He expressed confidence that the golden age of Air India lies ahead.

Share Market Live

NSE

The Union government officially handed over Air India to the Tata Group on Thursday after nearly 69 years. Following a competitive bidding process, the government had on October 8 last year sold Air India to Talace Private Limited, a subsidiary of the Tata Group's holding company, for Rs 18,000 crore.

In the communique sent to Air India's employees, Chandrasekaran said, "I have learned that to preserve what is best about the past, requires constant change. It is by evolving, adapting and embracing the future that we best honour a glorious history." "The entire nation's eyes are on us, waiting to see what we will achieve together," he noted, adding, "To build the airline our country needs, we need to look to the future."

Also Read

| Rakesh Jhunjhunwala-backed Akasa Air likely to start flights in late May or early June, says CEO Vinay Dube

Air India was started by the Tata Group in 1932. However, after the country got independence, the airline was nationalised in 1953 by the then prime minister Jawaharlal Nehru. "From the day of the announcement (October 8, 2021), one word has been on everyone's lips: homecoming," Chandrasekaran noted.

"Today is the beginning of a new chapter... I write this letter on behalf of the Tata Group, to welcome you to our family," the Tata Sons chairman said. He said like many others, he enjoyed reflecting on stories from Air India's brilliant past.

"My first flight was with Air India in December 1986, and I will never forget how special it felt to be onboard, or the exhilaration as we soared into the sky. Such memories are wonderful but now is the time to look ahead, he noted and stated that he is convinced that the golden age of Air India lies ahead. "Our journey towards it starts now. Welcome. And welcome back," Chandrasekaran wrote in the communique to the employees.

First Published:Jan 27, 2022 7:18 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Femsa appoints Jose Antonio Fernandez Garza-Laguera as CEO
Femsa appoints Jose Antonio Fernandez Garza-Laguera as CEO
Sep 17, 2025
Sept 17 (Reuters) - Mexican bottler and retailer Femsa on Wednesday appointed Jose Antonio Fernandez Garza-Laguera as new chief executive officer, starting November 1. ...
Render Capital Fund 1 Portfolio Company Louisville Vegan Jerky Acquired by Louisville Brands
Render Capital Fund 1 Portfolio Company Louisville Vegan Jerky Acquired by Louisville Brands
Sep 17, 2025
LOUISVILLE, Ky., Sept. 17, 2025 /PRNewswire/ -- Render Capital announced that one of its Fund 1 portfolio companies, Louisville Vegan Jerky Company, has been successfully acquired by Louisville Brands, a growing house of consumer packaged goods (CPG) companies. Louisville Vegan Jerky, a pioneer in plant-based snacking, is the top-selling jerky brand, meat or non-meat, in Whole Foods stores nationwide. Now,...
Northrop, NASA resolve engine issue on cargo craft, sets ISS docking for Thursday
Northrop, NASA resolve engine issue on cargo craft, sets ISS docking for Thursday
Sep 17, 2025
WASHINGTON (Reuters) -NASA on Wednesday night resumed plans to dock a Northrop Grumman-built cargo craft with the International Space Station after resolving an early engine-shutdown issue it said was caused by a conservative safeguard in the vehicle's software settings. Docking of the Cygnus XL spacecraft, launched on Sunday carrying 11,000 pounds (4,990 kg) of cargo and science supplies, is set...
US FTC wins key rulings against Amazon ahead of trial on Prime signups
US FTC wins key rulings against Amazon ahead of trial on Prime signups
Sep 17, 2025
WASHINGTON, Sept 17 (Reuters) - A judge ruled for the U.S. Federal Trade Commission and against Amazon ( AMZN ) on several key issues ahead of a trial next week on the agency's claims that the retail giant's Prime subscription practices violated consumer protection law. (Reporting by Kanishka Singh in Washington and Jody Godoy in New York; Editing by Muralikumar...
Copyright 2023-2026 - www.financetom.com All Rights Reserved