Section

Centre okays Singapore Airlines' FDI proposal for Air India-Vistara merger

By Economic Times - 3 weeks ago
Singapore Airlines has secured approval from the Indian government for its foreign direct investment as part of the merger between Vistara and Air India. The merger, announced in November 2022, aims to create a dominant full-service airline. SIA will hold a 25.1% stake in the combined entity, expecting completion by the end of 2024.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.