Onerous terms mean Tata Group could be latest to drop Air India bid

Onerous terms mean Tata Group could be latest to drop Air India bid

Photographer: Dhiraj Singh/Bloomberg

India’s steel-to-autos conglomerate Tata Group, widely seen as a potential suitor for Air India, is unlikely to consider a bid for the state-run carrier as the government’s terms are just too onerous, two sources familiar with the matter said.

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