CLEAN : India sells struggling Air India back to Tata conglomerate

The video discusses the transaction process involving advisors and confidentiality. Tata Sons, through their SPV Dallas Private Limited, emerged as the winning bidder with a bid of 18,000 crore. The transaction aims to close by December 2021, with the winning bidder retaining all employees for one year and offering a VRS if retrenchment is necessary in the second year.

What roles are involved in supporting the transaction process?

• Asset valuer, financial analyst, and marketing advisor

• Financial advisor, marketing advisor, and asset manager

• Transaction advisor, legal advisor, and asset valuer

• Legal advisor, marketing manager, and transaction analyst

Who was the winning bidder in the transaction?

• Infosys Limited

• Adani Group

• Tata Sons Private Limited

• Reliance Industries

By when is the transaction expected to close?

• March 2022

• September 2021

• December 2021

• June 2022

What is the commitment regarding employee retention in the first year?

• Retrench 50% of employees

• Retain all employees

• Offer new contracts to selected employees

• Hire additional staff

What option is provided to employees if retrenchment occurs in the second year?

• Job placement assistance

• Voluntary Retirement Scheme (VRS)

• No compensation

• Severance pay