BENGALURU -- Tata Sons, the holding company of top Indian conglomerate Tata Group, on Thursday gained control of national carrier Air India, ending the government's two-decade hunt for a buyer for an airline that has been kept afloat with taxpayer money.
Transportation
Tata Group takes over debt-laden Air India from government
Flagship carrier returns to founders nearly 70 years after its nationalization
With the addition of Air India, the Tata Group will have a 25% share of the domestic airline market by capacity. © Reuters
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