{"id":260864,"date":"2019-02-23T06:58:36","date_gmt":"2019-02-23T06:58:36","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=260864"},"modified":"2019-02-23T06:58:36","modified_gmt":"2019-02-23T06:58:36","slug":"tata-trusts-chief-ex-ceo-of-tcs-exit-airasia-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-trusts-chief-ex-ceo-of-tcs-exit-airasia-india\/","title":{"rendered":"Tata Trusts chief, ex-CEO of TCS exit AirAsia India"},"content":{"rendered":"<p>MUMBAI: R Venkataramanan, managing trustee of Tata Trusts, and S Ramadorai, former CEO of TCS, have exited budget carrier AirAsia India by selling their shares to Tata Sons. The duo has also stepped down from the board, ending their two-year association with the controversy-stricken airline.<br \/>\nAfter the share-purchase, Tata Sons, the holding company of the $111-billion Tata Group, has become the largest shareholder of AirAsia India with a 51% equity interest. The remaining 49% is held by Malaysia\u2019s AirAsia.<br \/>\nVenkataramanan, who recently announced his departure from Tata Trusts, and Ramadorai held 1.5% and 0.5% stakes respectively in AirAsia India. Venkataramanan will be at Tata Trusts till March 31.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: R Venkataramanan, managing trustee of Tata Trusts, and S Ramadorai, former CEO of TCS, have exited budget carrier AirAsia India by selling their shares to Tata Sons. The duo has also stepped down from the board, ending their two-year association with the controversy-stricken airline. After the share-purchase, Tata Sons, the holding company of the $111-billion Tata Group, has become the largest shareholder of AirAsia India with a 51% equity interest. The remaining 49% is held by Malaysia\u2019s AirAsia. Venkataramanan, who recently announced his departure from Tata Trusts, and Ramadorai held 1.5% and 0.5% stakes respectively in AirAsia India. Venkataramanan [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220,130,137],"tags":[],"class_list":["post-260864","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/260864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=260864"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/260864\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=260864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=260864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=260864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}