Tata Sons has submitted a financial bid for Air India, among other bidders. "Tatas have submitted a financial bid for Air India," a Tata Sons spokesperson said.

Taking to Twitter, DIPAM Secretary, Tuhin Kanta Pandey said that the disinvestment process now moves to the concluding stage. "Financial bids for Air India disinvestment received by Transaction Adviser. Process now moves to concluding stage," he posted.