Tata Sons And Its Executives To Own 51% Of AirAsia India

Credit: Airbus/P. Pigeyre
NEW DELHI—Tata Sons Ltd., which controls India’s diversified Tata Group, and some of its executives plan to become 51% shareholders in AirAsia India, an arm of Malaysian LCC AirAsia Bhd., paving the way for further investment, the company said. AirAsia India is a joint venture among Malaysia’s LCC...

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