India’s Tata Sons to buy Air India for $2.4 billion
The purchase of the money-losing national carrier is a win for Prime Minister Narendra Modi’s efforts to push through market-oriented changes
The purchase of the money-losing national carrier is a win for Prime Minister Narendra Modi’s efforts to push through market-oriented changes
NEW DELHI : India’s Tata Sons is buying the country’s national carrier Air India, returning the airline to its founders and ending a decadeslong struggle by the government to unload the money-losing venture.