SINGAPORE (Aug 30): Singapore Airlines (SIA) has received approval from the Indian government for foreign direct investment into an enlarged Air India.
On Nov 29, 2022, SIA and its 49%-associated company, Tata SIA Airlines, agreed to merge Air India and Vistara. The agreement was entered into with Tata Sons, Talace and Air India on the same day.
Vistara is a joint venture between Tata Sons and SIA established in 2013...(click here for the full story on theedgesingapore.com.)