Air India seeks to settle $1.2 billion lawsuit in US citing new owner: Reports

After Tata Group's takeover, Air India is reportedly seeking to end a case filed by Devas Multimedia in a US court, arguing that recent change in ownership prevents demands over recovery of arbitration awards. Devas demanded $1.2 billion from Indian government and sought to seize Air India's overseas assets by calling the carrier an alter ego of Indian government.