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Why Air India is bought by TATA when it in huge loss

Air India  Why Tata buys AirIndia?  Air India is one of the oldest Airlines in India and even the first Indian airline it is formed as Tata Airline by JRD Tata on 15 October 1932. It has a fleet of Airbus, Boeing, and ATR it has more than 120 Aircraft which included wide body as well as narrow-body Aircraft Air India is a member of Star Alliance But from last so many years Air India facing a huge loss and even their services are not as competition is providing     Tatas and Air India As it is formed by the JRD TATA and he treats it like a child he takes of the airline on his own and even the first air India flight is operated by himself from Karachi to Mumbai and also as he is the owner but there is an incident when he cleans the washroom and at that time airline on-time performance is best in the world and also it is known for customer service and also 1 st Asian airline to introduce jetliner Boeing 707 and you surprised to know air India is in the world top 5 airline li