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28 Mar 2016

Tata Sons to hold 49% stake in AirAsia India; Bhatia to exit

Tata Sons will hike its stake in AirAsia India to 49 percent by buying additional shares from Arun Bhatia's Telestra which will be exiting the venture amid concerns over ownership and control at the low cost carrier

28 Mar 2016

Tata Sons to hike AirAsia India stake to 49%

Tata Sons will hike its stake in AirAsia India to 49 percent by acquiring additional shares from Arun Bhatia's Telestra, which will be exiting the no-frills airline.

03 Feb 2016

Shareholding to remain unchanged at this stage: AirAsia India

AirAsia India is a joint venture between Malaysia's AirAsia Berhard, Tata Sons and Arun Bhatia's Telestra Tradeplace. The start-up carrier has been in the red since starting operations in June 2014.

17 Jun 2015

Tata Sons, Telestra in discussions to hike stake in AirAsia

Tata Sons, which partly budgets carrier AirAsia India is looking at hiking its stake in the airline and is in discussions with Telestra Tradeplace in this regard.

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