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Aviation
Centre may sell its stake in Air India’s previous subsidiaries in FY25: Report

Centre may sell its stake in Air India’s previous subsidiaries in FY25: Report

The Indian government is planning to sell its shares in Air India's former subsidiaries in FY25, according to Tuhin Kanta Pandey, Secretary of the Department of Investment and Public Asset Management. However, the privatization of

Aviation
SIA to complete merger of Vistara-AI at the earliest

SIA to complete merger of Vistara-AI at the earliest

Singapore Airlines has said it aims to complete the merger of Vistara with Air India "as soon as possible" subject to remaining approvals from relevant authorities. Once the proposed merger, which was approved by the

Aviation
Creditors to vote on merger proposal of Air India, Vistara tomorrow

Creditors to vote on merger proposal of Air India, Vistara tomorrow

Tata-owned Air India and Vistara have asked for permission from their creditors to merge the two airlines. On Thursday, The Economic Times (ET) reported that creditors will vote on the proposal on September 23. Sources

Aviation
Singapore Airlines to secure stake in Air India as part of deal with Tata Sons

Singapore Airlines to secure stake in Air India as part of deal with Tata Sons

Singapore Airlines Ltd (SIA) today said it would emerge as a 25.1% owner of Air India, as part of a deal that would merge its Vistara full-service airline joint venture with Tata Sons, into India's

Aviation
Tata Sons plans to raise USD 4bn for Air India: Report

Tata Sons plans to raise USD 4bn for Air India: Report

Tata Sons Ltd, the holding company of the Tata group, plans to raise USD 4 billion to infuse fresh capital into Air India and refinance costly debt, according to a report by Mint, citing two

Aviation
Tata Sons may have to write off AirAsia India’s debt: Report

Tata Sons may have to write off AirAsia India’s debt: Report

Tata Sons will likely have to make a provision of INR 26 billion (USD 325.69 million) as accumulated losses for low-cost carrier AirAsia India, which it's seeking to absorb into unit Air India and merge

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