Modi's government will collect only $400 mln from selling Air India back to the Tatas. If anyone can restore the company to globetrotting glory, it’s them. Either way, the deal is a welcome symbol of India’s new embrace of private markets, says ugalani -
India on Oct. 8 approved the sale of Air India and two subsidiaries to the Tata conglomerate for an enterprise value of 180 billion rupees .An Air India Airbus A320 plane is seen at the Boryspil International Airport upon arrival, amid the coronavirus disease outbreak outside Kiev, Ukraine May 26, 2020. Picture taken May 26, 2020.
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