Air India history coming full circle? Tata, govt in talks for stake deal

Tatas' acquisition would bring a lease of life for AI and increase competition in the Indian skies

The Tata group is believed to have held preliminary discussions with senior government officials for participating in the privatisation process of the beleaguered airline.
 
According to sources familiar with the developments, the Tata group is open to purchasing a stake in Air India, which JRD Tata launched in 1932. If the talks fructify, the national carrier's history may come full circle.
 
While it is not known whether the talks were held at the behest of the government or the Tata group, a source close to the developments said preliminary discussions had been held but were yet to reach