December 25, 2024 10:20 am (IST)
Tata Sons increases stake in Air Asia India
Mar 29, 2016, at 01:32 am
Mumbai, Mar 28 (IBNS) : Tata Sons on Monday said it has entered into an agreement with Air Asia India (the company), Telestra Tradeplace (Telestra) and two of the directors of the company, being S Ramadorai (chairman) and R Venkataramanan, under which Tata Sons proposes to increase its stake in the company to 49 percent from its existing stake of 41.06 percent, by acquiring 7.94 percent equity stake from Telestra.
Latest Headlines
Tata Sons increases stake in Air Asia India
Mon, Mar 28 2016