Business Headlines : Explained – The Story of Air India
Update: 2023-03-03
Description
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The video discusses the history of Air India, how JRD Tata founded the airline, & how the government took it over under the garb of nationalization, only to return it to Ratan Tata after struggling to run it. We also discuss the decline of Air India under government control, with overpaid and over-perked employees, inefficient management, and crippling debt. Also covered is how the Modi government capitalized on a PR victory when Air India announced the biggest order of planes ever in the world.
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