Tata wins bid to take over troubled state-run Air India : vi

Tata wins bid to take over troubled state-run Air India

NEW DELHI - Tata Sons has been selected as the winning bidder to take over state-run carrier Air India, the government said on Friday, marking the end of years of struggle to privatise the financially troubled airline.Tata Sons, the holding company for the autos-to-steel Tata conglomerate, will pay 180 billion rupees ($2.4 billion) for a 100 per cent stake...

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