Tag Archives: Conglomerate

Tata Group increases stake in AirAsia India to maximise its share in India’s airline industry

Tata Group on 29th DEC has announced it would increase its holdings in the Indian-based joint venture with AirAsia from 51% to 84%. AirAsia, owned by Malaysian tycoon Tony Fernandes, has been scaling back its operations during the Covid pandemic. Last week Tata also put in a bid for the country’s struggling national carrier Air […]