Air India Stake
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Singapore Airlines To Get 25.1 Per Cent Stake In Air India Group: Report
Singapore Airlines' deal with Tata Sons (Tata) will inject a further SGD 360 million (USD 267 million) into Air India. It will give SIA a 25.1 per cent stake in the enlarged Air India group.
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Singapore Airlines's Outlay For Vistara- Air India Merger "Minimal"
Singapore Airlines (SIA) expects to immediately gain exposure to an entity that is four to five times larger in scale post-merger. Currently, SIA holds 49 per cent stake in Vistara and the remaining 51 per cent shareholding is with Tata group.
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Read Tata Group's Full Statement On Air India-Vistara Merger
Vistara Airlines will be merged with the Tata group-owned Air India, said a release by the Tata Group today. Tata group owns a 51 per cent stake in Vistara, and the remaining 49 per cent shareholding is with Singapore Airlines.
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AirAsia Sells Its Remaining Stake In India Operations To Tata-Led Air India
AirAsia Aviation Group Limited sold its remaining stake of AirAsia (India) Private Limited, its India operations, to Tata group-led Air India.
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Rakesh Jhunjhunwala's Last Public Appearance Was On Akasa Air's 1st Flight
Rakesh Jhunjhunwala, who held 40 per cent stake in Akasa Air, appeared publicly for the last time at the airline's inaugural flight between Mumbai and Ahmedabad on August 7.
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Tata's Air India Proposes To Buy AirAsia India
Tata Group-owned Air India has proposed to buy the entire equity share capital of low cost carrier AirAsia India, in which Tata has a majority stake, to merge into a single airline, according to an application with India's competition commission.
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Alliance Air To Function As Independent Business Unit From Today
Alliance Air is no longer a subsidiary of Air India and it will be run as an independent business unit under the Government of India
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Air India Pushed Into Losses, Divestment Done To Save Public Money: Minister
Jyotiraditya Scindia listed out the merger of Air India and Indian Airlines as among various reasons for the national carrier's failure
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Air India Likely To Be Handed Over To Tata Group On January 27
Air India is likely to be handed over to Tata Group by this weekend as the government has decided to complete the disinvestment process on January 27
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Air India Handover To Tata Group Likely To Be Delayed By A Month Till January 2022
Tata Group's takeover of loss-making national carrier Air India is likely to be delayed by a month till January 2022
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Competition Commmission Of India Approves Air India's Acquisition By Tata Sons
CCI on Monday gave its approval to the acquisition of Air India by Talace Private Limited, which is a wholly-owned subsidiary of Tata Sons
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"Air India To Pay Outstanding Dues Of Rs 2,000 Crore": Airport Authority Of India
Recently, the Centre successfully disinvested a 100 per cent stake to Tata Sons of Air India, but pending dues by Air India need to be noted to the new owner.
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Government Inks Share Purchase Pact With Tata Sons For Air India Sale
Days after Tata Sons emerged as the successful bidder to take over Air India, the government on Monday inked a share purchase pact with it
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Government Issues Letter Of Intent To Tata Group For Air India Sale
The government on Monday issued a letter of intent confirming the sale of its 100 per cent stake in loss-making Air India to Tata Group
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The Air India Disinvestment Saga: A Primer
On September 15, Tata Sons and SpiceJet Chairman Ajay Singh officially submitted their final bids to buy India's flag carrier Air India, raising hopes that the disinvestment process of the loss-making airline will be completed in this financial year. Besides 100 per cent stake in the national airline, the potential buyer will get Air India's 100 pe...
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Singapore Airlines To Get 25.1 Per Cent Stake In Air India Group: Report
Singapore Airlines' deal with Tata Sons (Tata) will inject a further SGD 360 million (USD 267 million) into Air India. It will give SIA a 25.1 per cent stake in the enlarged Air India group.
-
Singapore Airlines's Outlay For Vistara- Air India Merger "Minimal"
Singapore Airlines (SIA) expects to immediately gain exposure to an entity that is four to five times larger in scale post-merger. Currently, SIA holds 49 per cent stake in Vistara and the remaining 51 per cent shareholding is with Tata group.
-
Read Tata Group's Full Statement On Air India-Vistara Merger
Vistara Airlines will be merged with the Tata group-owned Air India, said a release by the Tata Group today. Tata group owns a 51 per cent stake in Vistara, and the remaining 49 per cent shareholding is with Singapore Airlines.
-
AirAsia Sells Its Remaining Stake In India Operations To Tata-Led Air India
AirAsia Aviation Group Limited sold its remaining stake of AirAsia (India) Private Limited, its India operations, to Tata group-led Air India.
-
Rakesh Jhunjhunwala's Last Public Appearance Was On Akasa Air's 1st Flight
Rakesh Jhunjhunwala, who held 40 per cent stake in Akasa Air, appeared publicly for the last time at the airline's inaugural flight between Mumbai and Ahmedabad on August 7.
-
Tata's Air India Proposes To Buy AirAsia India
Tata Group-owned Air India has proposed to buy the entire equity share capital of low cost carrier AirAsia India, in which Tata has a majority stake, to merge into a single airline, according to an application with India's competition commission.
-
Alliance Air To Function As Independent Business Unit From Today
Alliance Air is no longer a subsidiary of Air India and it will be run as an independent business unit under the Government of India
-
Air India Pushed Into Losses, Divestment Done To Save Public Money: Minister
Jyotiraditya Scindia listed out the merger of Air India and Indian Airlines as among various reasons for the national carrier's failure
-
Air India Likely To Be Handed Over To Tata Group On January 27
Air India is likely to be handed over to Tata Group by this weekend as the government has decided to complete the disinvestment process on January 27
-
Air India Handover To Tata Group Likely To Be Delayed By A Month Till January 2022
Tata Group's takeover of loss-making national carrier Air India is likely to be delayed by a month till January 2022
-
Competition Commmission Of India Approves Air India's Acquisition By Tata Sons
CCI on Monday gave its approval to the acquisition of Air India by Talace Private Limited, which is a wholly-owned subsidiary of Tata Sons
-
"Air India To Pay Outstanding Dues Of Rs 2,000 Crore": Airport Authority Of India
Recently, the Centre successfully disinvested a 100 per cent stake to Tata Sons of Air India, but pending dues by Air India need to be noted to the new owner.
-
Government Inks Share Purchase Pact With Tata Sons For Air India Sale
Days after Tata Sons emerged as the successful bidder to take over Air India, the government on Monday inked a share purchase pact with it
-
Government Issues Letter Of Intent To Tata Group For Air India Sale
The government on Monday issued a letter of intent confirming the sale of its 100 per cent stake in loss-making Air India to Tata Group
-
The Air India Disinvestment Saga: A Primer
On September 15, Tata Sons and SpiceJet Chairman Ajay Singh officially submitted their final bids to buy India's flag carrier Air India, raising hopes that the disinvestment process of the loss-making airline will be completed in this financial year. Besides 100 per cent stake in the national airline, the potential buyer will get Air India's 100 pe...
