Air India Returns To The Tatas

Tata Sons has won the bid for Air India, the airline has been sold for Rs 18,000 crore. Air India has returned to the Tata fold after 68 years after starting as Tata Air Services in 1932. Tata will take on Rs 15,300 crore of debt and the government will get Rs 2,700 crore in cash from the sale.

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