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Private ownership is nothing new, successful privatisations have led to consolidation & access to capital

A team from the Indian national carrier was sent to London to study the process, said S Venkat, an Air India veteran who retired as director, finance, after close to four decades in various roles. Venkat came back and filed a report. The government of the time, however, dropped the idea. It was subsequently revived in 2001. The September 11 attacks ended that exercise. Another effort in 2018 didn’t find any takers.

from Industry-Economic Times
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