Tatas, Air India staff join race for airline
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Air India had current liabilities and provisions, including short-term loans and trade payables, of ₹70,686.6 crore and net debt of ₹58,255 crore at the end of March 2019.
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The Tata group and a consortium consisting of Air India employees and a financial investor have shown interest in buying the national carrier that last reported a profit in 2007, two people familiar with the developments said.
The expressions of interest (EoIs) will give the Tata group, and the consortium consisting of New York-based Interups Inc. and a group of