TBM Staff - Mumbai 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
TBM Staff - Mumbai 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
TBM Staff - Mumbai 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
TBM Staff - Mumbai 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
TBM Staff - Mumbai 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
TBM Staff - Mumbai 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
