Singapore Airlines boost stake in Air India with Rs 3,195 crore following Vistara merger

Singapore Airlines will invest Rs 3,194.5 crore into Vistara, owned by Tata Group, as part of the anticipated merger with Air India. The merger is set to be completed on November 11, 2024, and will result in SIA owning 25.1 per cent stake in the combined entity. The move will bring significant consolidation in India’s […]