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Conglomerate that includes planes and automobiles

After making a successful bid of $2.4-billion, including equity and debt, for Air India, Tata Sons will resume control of the airline. Air India, which was nationalized in 1953, has been costing Indian taxpayers an average of close to $3-million a day for the past decade. Talace Pvt Ltd., a unit of Tata Sons—the holding […]

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