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Vistara to merge with Tata Group-owned Air India: Singapore Airlines

Business Standard LogoBusiness Standard2 mo ago

Vistara to merge with Tata Group-owned Air India: Singapore Airlines - Business Standard

Quick Summary:

Tata group owns a 51 per cent stake in Vistara, and the remaining 49 per cent shareholding is with Singapore Airlines (SIA).

Singapore Airlines on Tuesday said Vistara will be merged with Tata group-owned Air India.

"This would give SIA a 25.1 per cent stake in an enlarged Air India group with a significant presence in all key market segments.


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Article Details

Author / Journalist: Press Trust of India

Category: EconomyFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-29 @ 16:44:00 (2 months ago)

News Timezone: GMT +5:00

Ranking: #2509 (out of 5777 stories this day)

News Source URL: business-standard.com

Language: English

Article Length: 176 words

Reading Time: 1 minutes read

Sentences: 27 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 2031611

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 99 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

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The story "Vistara to merge with Tata Group-owned Air India: Singapore Airlines" was covered 2 months ago by Business Standard, a news publisher based in India.

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  • News ID: #2031611
  • URL: https://beamstart.com/news/vistara-to-merge-with-tata-16697208974492

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