{"id":498266,"date":"2022-06-15T09:06:53","date_gmt":"2022-06-15T03:36:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=498266"},"modified":"2022-06-15T09:32:23","modified_gmt":"2022-06-15T04:02:23","slug":"cci-approves-proposed-acquisition-of-airasia-india-by-air-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cci-approves-proposed-acquisition-of-airasia-india-by-air-india\/","title":{"rendered":"CCI approves proposed acquisition of AirAsia India by Air India"},"content":{"rendered":"<p>Anti-trust regulator Competition Commission of India (CCI) on Tuesday said it has approved acquisition of entire shareholding in AirAsia India by Air India, a wholly-owned subsidiary of Tata Sons.<\/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 stated the filed notice with CCI.<\/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>Anti-trust regulator Competition Commission of India (CCI) on Tuesday said it has approved acquisition of entire shareholding in AirAsia India by Air India, a wholly-owned subsidiary of Tata Sons. \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 stated the filed notice with CCI. The two combined entities will have a 15.7 per cent share of India\u2019s domestic passenger market. Air [&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-498266","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\/498266","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=498266"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/498266\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=498266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=498266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=498266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}