{"id":386025,"date":"2020-11-25T09:15:51","date_gmt":"2020-11-25T03:45:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=386025"},"modified":"2020-11-25T11:32:41","modified_gmt":"2020-11-25T06:02:41","slug":"tata-group-plans-to-pump-in-50-million-in-airasia-india-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-group-plans-to-pump-in-50-million-in-airasia-india-report\/","title":{"rendered":"Tata Group plans to pump in $50 million in AirAsia India: Report"},"content":{"rendered":"<p>Tata Group is planning to pump in as much as $50 million as emergency funding in Malaysia&#8217;s flagship budget carrier AirAsia Group Bhd to keep it flying in India, according to a report by Mint. <\/p>\n<p>The funding could be infused via debt and equity route. The move may push Tata Group&#8217;s stake in Air Asia India beyond 51 per cent, sources told the publication. <\/p>\n<p>\u201cThe Tata Group will remain invested in AirAsia India though it may seek out a suitable partner to invest in the airline in the future,&#8221; the report cited a source as saying. It also added that the Tata Group &#8220;is looking beyond the pandemic when it comes to the aviation sector.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Group is planning to pump in as much as $50 million as emergency funding in Malaysia&#8217;s flagship budget carrier AirAsia Group Bhd to keep it flying in India, according to a report by Mint. The funding could be infused via debt and equity route. The move may push Tata Group&#8217;s stake in Air Asia India beyond 51 per cent, sources told the publication. \u201cThe Tata Group will remain invested in AirAsia India though it may seek out a suitable partner to invest in the airline in the future,&#8221; the report cited a source as saying. It also added that [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-386025","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/386025","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=386025"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/386025\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=386025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=386025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=386025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}