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Tata May Have To Write Off AirAsia India's Loss: Report

India's Tata may have to write off AirAsia India's loss: Report
India's Tata may have to write off AirAsia India's loss: Report
India's Tata Sons will likely have to make a provision of 26 billion rupees ($325.69 million) as accumulated losses for low-cost carrier AirAsia India , which it's seeking to absorb into unit Air India and merge with Air India Express, the Economic Times reported on Wednesday.
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