drishti current affairs today
drishti current affairs today Published this article page no tataowned air india has proposed to acquire airasia india lowcost indian airline run by tata group. tata sons currently hold an . percent stake in airasia india while the remaining . percent of the company is owned by airasia investment ltd aail which is part of malaysias airasia group. air india ltd ail and its subsidiary air india express were also acquired last year by talace private limited a whollyowned subsidiary of tata sons private ltd. under the current proposition air india has reached out to the antitrust regulator competition commission of india cci to wholly acquire airasia india. the proposal relates to the acquisition of the entire equity share capital of airasia india private limited by air india ltd. an official statement by air india stated that the proposed merger will not lead to any change in the competitive landscape or cause any appreciable adverse effect on competition in india irrespective of the manner in which the relevant markets are defined drishti current affairs today buy.
drishti current affairs today
