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AIRASIA TATA SONS
Tata may have to write off AirAsia India's lossTata-owned Air India proposes to acquire 100% of AirAsia India and has sought Competition Commission of India approval. Tata Sons owns 83.6...- CCI approves acquisition of AirAsia India by Air IndiaCCI approved the acquisition of AirAsia India by Air India. It is based on the request made to the Indian Competition Commission, where Air...
- Tata Sons to increase its stake in AirAsia India to 83.67%ET reported the deal online early Tuesday evening. Subsequently, AirAsia Berhad made an announcement of its share sale on the Kuala Lumpur ...
- Tata Sons and Singapore Airlines in talks on AI bid optionsAirAsia Bhd, the Indian group’s partner in low-fare carrier AirAsia India, is understood to have released Tata from a no-compete clause, le...
- AirAsia to own only 13% in Tata JVAirAsia, which till recently held 49% in its India venture, will see its stake fall to 13% as it prioritises its geographical play after be...
- AirAsia may exit India, end JV with Tata SonsMalaysian carrier AirAsia said on Tuesday that it is reviewing its India operations run in partnership with Tata Sons, signalling a possibl...
- Tata Sons in talks to buy AirAsia's 49% in joint venture“AirAsia, because of its financial difficulties, is not keen on infusing capital into the India JV. It wants the JV to take on debt to run ...
- Tata Trusts chief, ex-CEO of TCS exit AirAsia IndiaThe changes in the shareholding structure are believed to be a function of the central investigative action.
- Cyrus Mistry ‘miserably failed’ to prove AirAsia chargeThe firms submitted that this deal was struck with Hamid Reza Malakotipour, who has been classified as “suspected and UN-sanctioned alleged...
- Venkataramanan will stay on AirAsia Board, says Tata SonsVenkataramanan has been named by the CBI for alleged manipulation of government policies to get licence to fly international routes.
- Tata counsel: Cyrus Mistry irresponsible in linking AirAsia funds to terror"There was not an iota of material data or basis for making such wild and baseless allegations, that too against Ratan Tata,” Tata Sons cou...
- Bharat Vasani told Cyrus Mistry, Ratan Tata about AirAsia wrongdoings before resigningMalaysian low fare carrier AirAsia Berhad and Tata Sons own 49% each in AirAsia India. The remaining 2% is owned by chairman S Ramadorai an...
- AirAsia comes under CBI lensPresently , ED is probing the matter under FEMA (foreign exchange management act) and has already sought documents from the company.
- Investigating fraudulent transactions of Rs 22 crore: AirAsiaA forensic investigation had revealed fraudulent transactions of Rs 22 crore related to AirAsia and involving non-existent entities in Indi...
- Shareholding to remain unchanged at this stage: AirAsia IndiaWhen asked about the funds requirement AirAsia India was looking at, the executive said it could be well below $100 million.
- AirAsia India offers lowered advance faresThe bookings under the three-day limited period offer commenced yesterday and are applicable to travel between August 3 and March 26, 2016,...
- Vested interests trying to jeopardise AirAsia India: Tatas"Vested interests, inimical to free and fair competition that can benefit air travellers, are spreading canards to jeopardise the operation...
- Tata SIA Airlines Ltd reveals tentative route network for four years; Delhi-Mumbai sector to be focal pointTata SIA plans to operate from Delhi as its hub to Mumbai, Goa, Patna etc. in its first year of operations, as per its submissions to the D...
- AirAsia India appoints TCS' S Ramadorai as ChairmanS Ramadorai is the Non-Independent, Non-Executive Vice Chairman of TCS. On May 15, AirAsia announced the name of its new CEO Mittu Chandily...
- AirAsia-Tata Sons JV nod: A small comma to help Ratan Tata realise his dreamThe FIPB took coginsance of the fact that the Press Note 6 that allows investment not just in the capital of Indian companies but also oper...
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