<p>Tata Sons Chairman N Chandrasekaran said on Wednesday it is "too early" to take a call on Air India, in which the government has decided to sell its entire 100 per cent stake.</p>.<p>"It is too early..." Chandrasekaran told PTI when asked if Tata Group would be putting bid for the Air India stake purchase at the Auto Expo here.</p>.<p>The comments came in the wake of reports in a section of media saying that Tatas appear to be moving closer to a decision to bid for Air India in partnership with Singapore Airlines.</p>.<p>The Tata group has already started working on the structure for such buyout, including a merger of AirAsia India, in which they hold 51 per cent in Air India Express, a 100 per cent subsidiary of the government-owned national carrier.</p>.<p>The Central government last month issued a preliminary information memorandum (PIM), initiating the process to divest its entire stake in the national air carrier.</p>
<p>Tata Sons Chairman N Chandrasekaran said on Wednesday it is "too early" to take a call on Air India, in which the government has decided to sell its entire 100 per cent stake.</p>.<p>"It is too early..." Chandrasekaran told PTI when asked if Tata Group would be putting bid for the Air India stake purchase at the Auto Expo here.</p>.<p>The comments came in the wake of reports in a section of media saying that Tatas appear to be moving closer to a decision to bid for Air India in partnership with Singapore Airlines.</p>.<p>The Tata group has already started working on the structure for such buyout, including a merger of AirAsia India, in which they hold 51 per cent in Air India Express, a 100 per cent subsidiary of the government-owned national carrier.</p>.<p>The Central government last month issued a preliminary information memorandum (PIM), initiating the process to divest its entire stake in the national air carrier.</p>