<h1>Indian Government Sells Air India to Tata Sons; Employees Secured With No Retrenchment for One Year.</h1> The Indian government pursued a strategic disinvestment of Air India due to its significant debt, using an Enterprise Value (EV) bidding approach. This involved selling 100% of AIXL and 50% of AISATS. The process was open and competitive, with M/s Talace Pvt Ltd, a Tata Sons subsidiary, winning with an EV bid of Rs. 18,000 crore. Non-core assets valued at Rs. 14,718 crore were excluded from the deal. Employees are protected under the Share Purchase Agreement, with no retrenchment for one year and benefits like voluntary retirement and medical facilities. The transaction awaits completion upon fulfilling specific conditions.