UDAN international plan under cloud as AirAsia India fails to get permit

Tata group-owned AirAsia India’s inability to get approval for international flights is hurting UDAN, the Indian government’s regional air connectivity project that also aims to link......

Tatas to buy residual stake in AirAsia India

Tata Sons is all set to acquire a residual stake of 16.33 per cent in AirAsia India from its joint venture (JV) partner AirAsia Berhad for $19 million (or Rs 142 crore) by early next year. The......

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......

Air India bid: US fund ready with war chest of 'billions'

For the AI bid, Interups has joined hands with a few employees of the airline, and plans to raise funds by splitting some of its infrastructure-related assets into an aviation InvIT, which will......