Tata Group looks to increase AirAsia India stake

Credit: Courtesy, Airbus
Majority shareholder Tata Group is in talks with fellow shareholder Telestra Tradeplace to buy significant additional equity in startup low-cost carrier (LCC) AirAsia India . Tata Group already has a 30% shareholding, with the AirAsia Bhd parent group holding 49%. Telestra Tradeplace holds the...

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