The government has notified an agreement between Air India and a special purpose vehicle for transferring the carrier’s non-core assets, marking another step in the national airline’s takeover by the Tata Group on Thursday.
Ratan Tata, chairman of the salt-to software conglomerate, is likely to meet Prime Minister Narendra Modi before the takeoverChairman of Tata Sons calls on PM Modi before handover of Air India.
India recorded 286,384 new cases of Covid-19 and 573 deaths from the disease in the last 24 hours, said the health ministry on Thursday. Total Covid-19 cases increased to 40.37 million and death toll in the pandemic is at 491,700
Prime Minister Modi will host the first India-Central Asia Summit in a virtual format during which leaders are expected to discuss relations and the regional security situation.