As Tata Group Raises Debt to Acquire Air India, BJP Gov't Slammed for 'Handing Them a Gift'

The Indian government last week sold off its ailing national airline Air India to the highest bidder -- Tata Sons who had founded it 68 years earlier. It happened because the government couldn't turn the carrier into a profitable venture and it was witnessing mounting debts. All this made the airline financially unviable for the government.