Govt paid USD 5,882,353 Ratan Tata to buy Air India in 1953, Ratan Tata Paid USD 239,512,845 government in 2021 to buy it back
New Delhi: The government announced on Friday that the Tata Group won the bid to purchase national carrier Air India, the airline founded by JRD Tata in 1932. Air India’s return to the Tata fold happened after 68 years of being a government company. The Jawaharlal Nehru government had taken over Air India through nationalization […]