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Air India proposes to acquire AirAsia India

 Tatas-owned Air India plans to acquire no-frills carrier AirAsia India and has sought approval from the Competition Commission for the proposed deal. Photograph: Beawiharta/Reuters AirAsia India......

Tatas win back Air India; welcome back, says Ratan Tata

 Tata Sons were up against Spicejet promoter Ajay Singh-led consortium who had bid Rs 15,100 crore. The total debt of Air India as of August 31 stands at Rs 61,562 crore. They say better late than......

Tata Sons now has majority stake in AirAsia

 Tata Sons will increase its stake in budget carrier AirAsia India (AAI) to 83.67 per cent by acquiring an additional 32.67 per cent for $37.66 million from AirAsia Investment Ltd (AAIL), according......

AirAsia to invest $50 mn in proposed Indian airline

 A new Indian airline, proposed to be launched by the Tata Group, AirAsia and another Indian investor, is likely to start operations by the fourth quarter of this year with about $50 million initial......

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