Oct 8, 2021 SOURCE: AFP
India sells struggling Air India back to Tata conglomerate
Tea-to-software Indian giant Tata is buying back Air India, 89 years after founding it as Tata Air and half a century following its nationalisation, the government said Friday.
The 180-billion-rupee ($2.4-billion) deal marks the end of a lengthy effort to privatise the heavily-indebted flag carrier that according to the government...
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