Tata Group’s interest in Air India concerning for Vistara partner Singapore Airlines
MUMBAI: Singapore Airlines (SIA), Tata group’s joint venture partner in Vistara, and Temasek, the Singaporean carrier’s majority shareholder, are believed to have voiced their misgivings to Tata Sons about its proposed bid for struggling national carrier Air India.
Top officials close to the development said concerns have been personally conveyed to Tata Sons chairman N Chandrasekaran by SIA and Temasek representatives. “Temasek also has investment in some Tata group firms and periodic evaluations are undertaken. It was during such a meet that the JV partner conveyed apprehensions,” a group insider said.
