Tatas to stop paying dues to AirAsia if airline fails to invest in JV by December 31AirAsia India, a 51:49 JV where Tata is the controlling shareholder, owes AirAsia Berhad Malaysia ₹489 crore as per its latest available fi...
09 Dec, 2020, 06.39 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
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...
29 Aug, 2020, 07.49 AM IST
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.
29 Dec, 2019, 03.23 PM IST
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.
18 Apr, 2019, 07.27 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
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
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.
24 Feb, 2018, 12.22 PM IST
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...
07 Nov, 2016, 09.34 AM IST
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...
15 Apr, 2016, 05.48 PM IST
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...
08 Jan, 2014, 11.57 AM IST
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.
23 Sep, 2013, 10.40 AM 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
Ratan Tata to be the chief advisor to AirAsia IndiaAggressive pricing would be its trump card; to announce new chairman today
17 Jun, 2013, 11.55 AM IST
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...
16 Jun, 2013, 06.36 PM IST