Tata Sons to hike AirAsia India stake to 49%
Tata Sons will hike its stake in AirAsia India to 49 per cent by acquiring additional shares from Arun Bhatia's Telestra, which will be exiting the no-frills airline.
Tatas eyeing a majority stake in AirAsia India but rivals may spoil the party
In case the buyout happens, the Tatas may have to face some queries by the Competition Commission of India (CCI) since it will then be majority owner in two airlines
Tata Sons to increase AirAsia India stake to 41%, management rejig in the offing
AirAsia India is expected to soon effect its first management revamp since commencing operations in June last year.
Tatas' move to gain management control in AirAsia India may raise questions
According to multiple sources, Tata Sons may be already in discussions with Telestra Tradeplace's Arun Bhatia for buying out much or all of his 21 percent stake in AirAsia India at undisclosed valuations.
New govt not a challenge to run operations: AirAsia CEO
New govt not a challenge to run operations: AirAsia CEO
Tata-Singapore Airlines could begin operations from September
The proposed joint venture (JV) airline of industrial conglomerate Tata Sons and Singapore Airlines plans to start operations from September 1, according to an application for an operating license submitted to the safety regulator.
PIL on missing voters: HC allows Amol Palekar to intervene
Palekar and his wife found their names deleted from the voter list on and could not vote. Their application points out that both had voted in the Municipal Corporation elections earlier
Anti-corruption may be the first step, but AAP needs to do more
But will this step be able to do away with corruption, or at least, will it be able to bring it down significantly? While the AAP remains confident about the anti-corruption measure, a lot of critics remained sceptical.
UPA rushing to clear Tata-SIA deal, will Bhatia throw spanner?
Allegations are flying thick and fast that the civil aviation ministry sweetened the Jet Airways-Etihad stake deal with an air service agreement with Abu Dhabi; there is all round pessimism about the economy; and, to top it all, critics have been flaying the UPA-II for delayed decision making on issues related to business.
Tatas' AirAsia partner Arun Bhatia miffed, says he knew nothing of SIA deal
Barely 24 hours after the Tatas announced a joint venture with Singapore Airlines for setting up a full service airline from scratch, one of Tatas' partners in the first airline venture seems miffed.
Don't blame only netas for Durga Shakti Nagpal's plight
Politicians won’t change the ‘system’. It is foolish to expect them to do that. The answer has to come from within the bureaucracy.
AirAsia, Tata airline may launch as early as June
Air Asia and Tata Group which have proposed to set up a domestic airline along with Arun Bhatia of Telestra Tradeplace, have sought approval for renting and leasing of aircraft, besides carrying of air freight.
Why voters reject clean candidates: No Meera Sanyals, no Arun Bhatias
Voters have rejected citizen groups’ candidates in the Maharashtra civic polls with a reason.