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Government to ensure AI's control stays with domestic partners

Government to ensure AI's control stays with domestic partners

aviation

In order to ensure that the ownership and effective management control of Air India stays with an Indian entity, the government is likely to scan the credentials of bidders for Air India thoroughly.

The move is aimed at addressing concerns over day-today management of some of the private carriers with foreign airlines as partners where shareholders were not really with the Indian owners despite the government rules mandating so.
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