WITH TATA GROUP AS SOLE CONTENDER, IS AIR INDIA COMING BACK HOME?

Highlights

• Tata Group is seriously interested in bringing back airlines that it had founded 87 years back

• Tata Group holds 51 percent stake in Malaysian airlines, Air Asia

• Apparently Singapore Airlines has declined to take part in the bid to acquire Air India

According to the sources, the Tata Group is the only contender in the race to buy Air India from the Government of India led b....