Tata Sons board tilts towards bid to acquire AI

The board of Tata Sons is veering around to back the proposal to acquire Air India, which has been put on the block by the Centre. However, the board, which met on Friday, wants Tata Sons and its aviation partners—Singapore Airlines and AirAsia Malaysia—to resolve structural issues before putting out an expression of interest for the state carrier. This is to avoid litigation at a later date, reports Reeba Zachariah.

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