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Struggling Air India could be taken over by workers


BBC News
By Justin Harper
image copyrightGetty Images
A number of bids have been put forward for India s loss-making national carrier, including one on behalf of its employees.
The Indian government had tried to offload its stake in Air India in 2018 but failed to attract a single bid.
One group is representing employees and plans to offer them a controlling stake in the struggling airline.
Another bid is reported to have been put forward by the Tata Group, which originally founded the airline in 1932.
Tata, which owns Jaguar Land Rover, sold its stake to the government in the 1950s.
India s Prime Minister Narendra Modi is keen to sell the government s entire interest in the airline, which has been kept aloft by a bailout and racked up billions in debts. ....

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