MUMBAI -- The Indian government has drawn up a list of 23 state-owned companies it wishes to sell off to the private sector by next March as part of an ambitious plan to balance the budget and revitalize industry.
Economy
India ramps up privatization of state enterprises
Longtime loss-maker Air India among 23 companies up for sale
Air India has lost money amid fierce competition against private carriers such as IndiGo, below. © Reuters
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