Tata's Air India considers raising $1 bln - Bloomberg News

Reuters

30 September, 2022, 07:45 pm

Last modified: 30 September, 2022, 07:46 pm

Tata's Air India considers raising $1 bln - Bloomberg News

Reuters

30 September, 2022, 07:45 pm

Last modified: 30 September, 2022, 07:46 pm

FILE PHOTO: Tata Motors logos are seen at their flagship showroom before the announcement of their Q3 results in Mumbai February 14, 2013. REUTERS/Vivek Prakash/File Photo

FILE PHOTO: Tata Motors logos are seen at their flagship showroom before the announcement of their Q3 results in Mumbai February 14, 2013. REUTERS/Vivek Prakash/File Photo

Tata Group-owned Air India is considering raising at least $1 billion in a funding round that could value the carrier at around $5 billion, Bloomberg News reported on Friday, citing people familiar with the matter.

Air India and Tata Sons did not immediately respond to Reuters requests for comment.

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