Air India sold to Tata for $2.4 billion
Government of India has sold the public carrier Air India to business conglomerate Tata. Tata Sons Pvt. won the final bid against Spice Jet and the deal was for 18,000 crore rupees ($2.4 billion). It was Tata that originally launched Air India in 1932. JRD Tata, who was India’s first licensed pilot founded Air India … Read more