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Modi to put loss-making Air India back on the auction block

Debt to be halved from $8.2bn to attract new owner for flag carrier

Debt-laden Air India has been loss-making since 2007 despite the rapid expansion of the country's aviation market. (Nikkei montage/Kosaku Mimura, Shinya Sawai)

NEW DELHI -- The Indian government is going all out in its second attempt to sell Air India and is expected imminently to invite bids, more than a year after its failed first effort to privatize the loss-making national flag carrier.

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