The acquisition of Air India by the Tata Sons’ subsidiary Talace may mark a somewhat expensive homecoming for the former Tata Airlines after 68 years of state ownership. But the sale of the struggling airline, which has sucked up crores of taxpayer money over the years, is an excellent signal for the government’s broader disinvestment programme, says the top edit. Read it here...
Tamal Bandyopadhyay explains why privatisation in the banking sector is a deeply challenging exercise. Read it here...
Debashis Basu makes the case for abolishing the concept of face value in publicly

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