{"id":362159,"date":"2020-07-10T10:12:39","date_gmt":"2020-07-10T04:42:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=362159"},"modified":"2020-07-10T10:12:39","modified_gmt":"2020-07-10T04:42:39","slug":"tata-sons-in-talks-to-buy-out-airasia-india-stake-at-steep-discount-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-sons-in-talks-to-buy-out-airasia-india-stake-at-steep-discount-report\/","title":{"rendered":"Tata Sons in talks to buy out AirAsia India stake at steep discount: report"},"content":{"rendered":"<p>BENGALURU : Indian conglomerate Tata Sons is in talks to buy out AirAsia Group Bhd&#8217;s stake in their airline joint venture in India at a steep discount, the Business Standard newspaper reported on Thursday, citing banking sources.<\/p>\n<p>Tata Sons will likely tie up with other financial investors to acquire AirAsia&#8217;s 49% stake in the venture, according to the newspaper.<\/p>\n<p>Malaysian budget carrier AirAsia said earlier in the day that it was in talks to raise more than 1 billion ringgit ($234.52 million) in funds, a day after its auditor cast doubt on its ability to continue as a going concern.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU : Indian conglomerate Tata Sons is in talks to buy out AirAsia Group Bhd&#8217;s stake in their airline joint venture in India at a steep discount, the Business Standard newspaper reported on Thursday, citing banking sources. Tata Sons will likely tie up with other financial investors to acquire AirAsia&#8217;s 49% stake in the venture, according to the newspaper. Malaysian budget carrier AirAsia said earlier in the day that it was in talks to raise more than 1 billion ringgit ($234.52 million) in funds, a day after its auditor cast doubt on its ability to continue as a going concern.<\/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":[188,139,130],"tags":[],"class_list":["post-362159","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/362159","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=362159"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/362159\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=362159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=362159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=362159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}