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Tatas regain airloom: Book Rs 18,000 crore return ticket on struggling carrier

Tatas regain airloom: Book Rs 18,000 crore return ticket on struggling carrier

Tata Sons – which bid through its wholly-owned subsidiary Talace Pvt Ltd – quoted an enterprise value of Rs 18,000 crore for the bleeding national carrier. This includes the debt of Rs 15,300 crore that it will take over and the Rs 2,700 crore cash that will flow into government coffers.

from Times of India

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