as others have poined out, there is no mention of this anywhere and such unsubstantiated.....

not saying this is happening but if this were to happen, and i had to place a bet, my bet will be Reliance (Anil Ambani's group) and not Goyal..... they have deep pockets and if IIRC, he was interested (or rumored to be interested) in Deccan before Mallya took it over.... of course if Reliance does take over IT, it would be interesting, the reliance run IT fares will be cheaper than bus fares (Indians will recall what reliance did when they launched Reliance mobile many years ago)....