Tata group to merge Vistara with Air India; Singapore Airlines to buy 25.1 pc stake in Air India

The Tata group on Tuesday announced the merger of Vistara with Air India under a deal wherein Singapore Airlines will also acquire a 25.1 per cent stake in Air India, marking a major consolidation in India’s fast-growing aviation space. The deal, which will make Air India the country’s largest international carrier and second-largest domestic carrier, […]