India's Tata Sons wins bid for national carrier Air India - NewsBreak
By Bryan in Business
Updated 3 years ago
NEW DELHI (AP) — Tata Sons, India's oldest and largest conglomerate, will be the new owner of the country's debt-laden national carrier Air India, the government announced on Friday. The winning bid of 180 billion rupees ($2.4 billion) beat India's SpiceJet chief Ajay Singh, who offered 151 billion rupees ($2...