Posted inIndia

Tata Group raises stake in AirAsia India

Tata Sons have bought 32.67% stake in AirAsia India for 2.76 billion rupees (US$37.65 million) from AirAsia Berhad of Malaysia and raised their holding in the budget carrier to 83.67%. In a regulatory filing to the Malaysian stock exchange, the AirAsia group said its wholly owned subsidiary Air Asia Investment Limited has executed a share […]