Tata Sons’ board has approved in principle a fresh capital infusion of more than Rs 10,000 crore into Air India, one of its biggest commitments to the airline since the Tata Group acquired it for Rs 18,000 crore in 2021, as per a report by Reeba Zachariah of The Times of India.
The approval, however, comes with conditions. People familiar with the matter told TOI that any fresh funding will be released only after Air India and other Tata Group investee companies make a business case for the capital they seek.
