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India’s Tata wants to buy Jet Airways, seeks total control

India’s Jet Airways, which has been facing turbulence from rising oil prices and a depreciating rupee, and is struggling even to pay salaries, is now facing a takeover bid by the Tata Group. The salt-to-software conglomerate, however, wants complete control over Jet Airways and the exit of its current promoters, the Naresh Goyal family. It […]