[ad_1] Indian conglomerate Tata Group is merging Air India with Vistara, its joint venture with Singapore Airlines (SIA), to create a bigger full-service carrier that will strengthen its presence in domestic and international skies.Autos-to-steel conglomerate Tata will hold 74.9% of the combined entity, while SIA will own the remaining 25.1%,...
Tatas could own about 75%, SIA 25% in AI-Vistara, Legal News, ET LegalWorld – Legal Firms
[ad_1] Representative image (iStock)The Tata Group and Singapore Airlines (SIA) are learnt to have finalised the proposed merger of Air India and Vistara. While Tatas will have about 75 per cent stake in the merged entity, the remaining will be with SIA, say people in the know. In Vistara, Tatas...
Karnataka HC quashes land acquisition for Gajendragad-Sorab State Highway in Byadagi, Legal News, ET LegalWorld – Legal Firms
[ad_1] Bengaluru, The High Court of Karnataka has quashed the land acquisition process in Byadagi taluk of Haveri district for widening a state highway there. Allowing a batch of five petitions filed by multiple property owners, the HC has held the state government's amendment to Section 34 of the Right...