Air India-Vistara merger: NCLT approves move, paves way for world's largest airline groups from Tata

The NCLT's Chandigarh bench has approved the merger of Air India and Vistara, paving the way for the creation of a major airline group. Besides this, with approvals already obtained from shareholders, creditors, CCI, and the DGCA, the merger is expected to be finalised by end of the year.
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