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Top headlines: Air India now a Tata property; Canara Bank Q3 net jumps 116%

Business Standard brings you the top headlines on Thursday

Air India, aircraft, flights
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BS Web Team New Delhi
Takeover complete, happy to have Air India back, says Tata Sons chairman

The government on Thursday officially handed over Air India to the Tata Group. Tata Sons chairman N Chandrasekaran said the group is very happy to have Air India back in its fold.

Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey told reporters that Air India has been handed over to Talace Private Limited, a subsidiary of the Tata Group's holding company, which is the successful bidder.

"Now, the new owners (of the airline) are Talace," Pandey noted. Read more

Canara Bank Q3 net rises 115.8% on