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TATA AIRASIA
AirAsia sells remaining stake in India biz to AIAirAsia India's journey started in 2014 when the Tata Group joined hands with Tony Fernandes, owner of the AirAsia Group, to enter the low-...- 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 ...
- 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 ...
- Auditors of Tata Sons raise concerns about AirAsia India, Tata Steel Europe businessesRaises concerns about the ability of companies to continue as ‘a going concern’. AirAsia India’s losses widened to Rs 332 crore in the quar...
- Tatas gaining upper hand in decision-making at AirAsia India, says sourceTatas are gaining upper hand in steering the no-frills carrier with its own executives in most senior positions.
- Tatas raise stake in AirAsia India to 51%This is the first time since the airline’s inception in 2014 that Tata group has become the largest shareholder.
- 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.
- 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.
- 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.
- AirAsia reintroduces Chennai-Bengaluru flightsThe Tata-AirAsia joint venture airline would fly five times a day in and out of Chennai to Bengaluru and Bhubaneswar.
- AirAsia's alleged fraudulent transactions come under CBI lensCBI sources said the agency is scrutinising material about the allegations and a final call to register a preliminary enquiry or an FIR wil...
- AirAsia executives alerted board, Tatas about lapses in business practicesIndian rules allow foreign airlines to own up to 49% in domestic airlines but effective management control must remain with the Indian part...
- AirAsia rues hurdles being put up by vested interests; prays govt will put its customers firstAirAsia today asserted that effective control of its joint venture AirAsia India is with Indian parties and said "vested interests" were tr...
- Five pilots of Tata-AirAsia quit to join IndiGoExisting airlines with Airbus A-320 fleet like Air India (domestic), IndiGo and GoAir, are fearing large scale poaching by Tata Sons JV air...
- Government to fast-track Tata-SIA airline"If all documents are in place, Tata-SIA proposal will also be given the go-ahead by our government," said a source.
- 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...
- Ratan Tata to be the chief advisor to AirAsia IndiaAggressive pricing would be its trump card; to announce new chairman today
- Ratan Tata to be chief advisor to AirAsia India board"Persuading Tata to be advisor has not been easy. Critical, we have someone of his massive experience to help me chart Airasia India," Tony...
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