Tata Wins Control of Air India Once Again With $2.4 Billion Bid.

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    • Subject Terms:
      TATA, Ratan, 1937-; AIR India Ltd.; BIDDERS; PUBLIC investments; PUBLIC administration
    • Abstract:
      (Bloomberg) -- Tata Sons Pvt. was selected as the winning bidder for India's flag carrier, ending decades of attempts to privatize a money-losing and debt-laden airline, and potentially ending years of taxpayer-bailouts that's kept the company alive. "Welcome back, Air India", Ratan Tata, J.R.D. Tata's successor and chairman emeritus of Tata Sons, said in a tweet. [Extracted from the article]
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