In a latest media report, the National Company Law Tribunal (NCLT) has approved the merger of Air India and Vistara, forming one of the largest airline conglomerates globally.
Air India To Operate As Merge Entity
Under this deal, Singapore Airlines will acquire a 25.1% stake in Air India.
When it comes to Vistara, it is a joint venture between the Tata Group and Singapore Airlines.
Considering the present time lines, Air India plans to finalize its merger with Vistara by the end of…
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