{"id":539450,"date":"2022-11-30T10:50:05","date_gmt":"2022-11-30T05:20:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=539450"},"modified":"2022-11-30T10:50:05","modified_gmt":"2022-11-30T05:20:05","slug":"vistara-to-merge-with-air-india-confirms-singapore-airlines","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/vistara-to-merge-with-air-india-confirms-singapore-airlines\/","title":{"rendered":"Vistara to merge with Air India, confirms Singapore Airlines"},"content":{"rendered":"<p>Tata Sons and Singapore Airlines (SIA) will merge Air India and Vistara to create India&#8217;s second-biggest carrier. SIA will hold a 25.1% stake in the entity with an equity infusion of Rs 2,058.50 crore. Tata will hold the rest.<\/p>\n<p>The deal is part of Tata Sons chairman N Chandrasekaran&#8217;s effort to simplify the conglomerate&#8217;s businesses and make them more efficient.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Sons and Singapore Airlines (SIA) will merge Air India and Vistara to create India&#8217;s second-biggest carrier. SIA will hold a 25.1% stake in the entity with an equity infusion of Rs 2,058.50 crore. Tata will hold the rest. The deal is part of Tata Sons chairman N Chandrasekaran&#8217;s effort to simplify the conglomerate&#8217;s businesses and make them more efficient.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-539450","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539450","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=539450"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539450\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=539450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=539450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=539450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}