{"id":487328,"date":"2022-04-28T08:40:30","date_gmt":"2022-04-28T03:10:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=487328"},"modified":"2022-04-28T09:04:58","modified_gmt":"2022-04-28T03:34:58","slug":"tata-group-approaches-cci-for-merger-between-air-india-and-airasia-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-group-approaches-cci-for-merger-between-air-india-and-airasia-india\/","title":{"rendered":"Tata Group approaches CCI for merger between Air India and AirAsia India"},"content":{"rendered":"<p>Tata Sons-owned Air India has approached the anti-trust regulator Competition Commission of India (CCI) for a merger of its low-cost subsidiary Air Asia India.<\/p>\n<p>\u201cThe proposed combination relates to the acquisition of the entire equity share capital of AirAsia India Private Limited by Air India Ltd- an indirect wholly-owned subsidiary of Tata Sons Private Limited (TSPL). At present, TSPL holds 83.67 per cent of the equity share capital of Air Asia India,\u201d the filed notice with CCI said.<\/p>\n<p>The two combined entities will have a 15.7 per cent share of India\u2019s domestic passenger market. Air India Express &#8211; a subsidiary of Air India doesn\u2019t operate in the domestic market and flies only between India and Gulf routes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Sons-owned Air India has approached the anti-trust regulator Competition Commission of India (CCI) for a merger of its low-cost subsidiary Air Asia India. \u201cThe proposed combination relates to the acquisition of the entire equity share capital of AirAsia India Private Limited by Air India Ltd- an indirect wholly-owned subsidiary of Tata Sons Private Limited (TSPL). At present, TSPL holds 83.67 per cent of the equity share capital of Air Asia India,\u201d the filed notice with CCI said. The two combined entities will have a 15.7 per cent share of India\u2019s domestic passenger market. Air India Express &#8211; a subsidiary [&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":[135,167,130],"tags":[],"class_list":["post-487328","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/487328","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=487328"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/487328\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=487328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=487328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=487328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}