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Amid Maha-Guj row, Gadkari's letter to Tata surfaces

 Union Minister Nitin Gadkari has sought investments from the Tata Group in and around Nagpur, citing strengths like infrastructure, land availability and connectivity in his home city. IMAGE:......

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......

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......

AirAsia gets formal FIPB approval

 AirAsia said on Friday it has received formal approval from the Foreign Investment Promotion Board to launch an airline in the country in association with the Tatas, paving the way for the......

AirAsia India to get fresh capital

   AirAsia India's promoters are set to infuse additional capital in the airline even as losses have eroded its equity capital. According to filings with the Registrar of Companies, the......

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