With Air India bid, Tatas hope to give wings to their aviation dream

Nearly two decades after its plan to take over Air India was scuppered by political and employee protests, the Tata group is taking another shot at acquiring the national carrier. The Tatas are pioneers of civil aviation in the country — the first Indian company to launch postal mail service and international flights from India.
 

Over the past three decades, the group made unsuccessful attempts to get back into the commercial aviation business. In 1995, the Tatas joined hands with Singapore Airlines to set up a new airline, but the proposal fell through because of opposition from other private airlines