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Friday, January 17, 2025 | 06:23 PM ISTEN Hindi

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Pawan Ruia's Air India bid is another example of faith in his own abilities

The move, even by his standards, seems bold. Especially, when his companies - Jessop & Co, Dunlop - that earned him the moniker "turnaround tycoon", are facing liquidation

Pawan Ruia
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The Ruia story had started with a bang. He first shot to fame in 2003 when he acquired Jessop & Co, which was then losing Rs 5 crore a month; within a year, it turned around

Ishita Ayan Dutt Kolkata
Pawan Ruia has finally done it, a beaming Buddhadeb Bhattacharjee, then West Bengal Chief Minister, had said at the reopening of the 70-year-old Sahagunj factory owned by Dunlop in 2005. But with the Calcutta High Court passing a winding-up order in 2013 and the Trinamool Congress-led state government passing a Bill to take over the company in 2016, the once-upon-a-time undisputed leader in the Indian tyre industry looks vastly undone.

But that can hardly be a deterrent for Ruia, who has a penchant for making headlines one way or the other. The latest incident that has brought him back in

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