The airline, before its nationalisation, was known as Tata Airlines and was founded by the former chairman of Tata Group, JRD Tata in 1932. So if Tatas take over the company, it makes a full circle for Bombay House. The huge and unsustainable debt and a massive workforce have made the company nearly incapable of flying. If it opts for golden share policy and holds the majority voting right even after being a minority shareholder, it may put off potential buyers. The biggest challenge will be the debt write-off to make the bride look beautiful.

Source: dna June 29, 2017 02:15 UTC