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For debt-laden Jet Airways, bitter foe Tata turns into timely saviour

It is something of a twist of fate that none other than Tata and its joint venture partner Singapore Airlines (SIA) will together take over the troubled Jet Airways

For debt-laden Jet Airways, bitter foe Tata turns into timely saviour
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Surajeet Das Gupta New Delhi
It has always been an acrimonius relationship. While the Tatas have never publicly named him, most industry watchers say that it is an open secret that Naresh Goyal, founder-CEO of Jet Airways, lobbied hard to scupper the Tata group’s aviation ambitions several times — an allegation Goyal has always denied. Hence, for Goyal it is something of a twist of fate that none other than Tata and its joint venture partner Singapore Airlines (SIA) will together take over the troubled Jet Airways.

The problems between Goyal and the Tata Group is ancient. Back in the early 1990s, when P V