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...
23 Dec, 2020, 07.39 AM IST
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...
21 Dec, 2020, 10.13 AM IST
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...
18 Nov, 2020, 08.23 AM IST
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 ...
05 Oct, 2020, 10.34 AM IST
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.
23 Feb, 2019, 11.43 AM IST
Tata Sons wants to fly out of joint venture with AirAsiaTata is set to exit AirAsia India and run the only full-service private airline, which is Vistara-plus-Jet.
16 Nov, 2018, 07.57 AM IST
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...
16 Jul, 2018, 07.39 AM IST
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.
27 Jun, 2018, 08.01 AM IST
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...
19 Jan, 2018, 10.17 AM IST
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...
24 Jan, 2017, 09.57 AM IST
AirAsia comes under CBI lensPresently , ED is probing the matter under FEMA (foreign exchange management act) and has already sought documents from the company.
06 Jan, 2017, 12.42 PM IST
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...
01 Nov, 2016, 12.40 AM IST
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.
03 Feb, 2016, 07.54 PM IST
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,...
27 Jan, 2015, 10.01 PM IST
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...
12 Jun, 2014, 09.00 PM IST
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...
18 Jun, 2013, 08.53 AM IST
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...
06 Mar, 2013, 02.10 PM IST