The Union civil aviation ministry is keeping a close watch on developments related to the purported disclosures made by ousted Tata Group chairman Cyrus Mistry about AirAsia India, where the Tatas......
June 2015 deal handed over HR, accounting, revenue management to AirAsia Global Services for Rs 10 crore (Rs 100 million) a year AirAsia India had to pay an annual fee of Rs 10 crore (Rs......
Most airlines have fattened their profits, turned the corner, or cut their losses, except AirAsia India. On Monday, Tata Sons announced that it will raise its stake in AirAsia India to 49 per cent......
To buy out Arun Bhatia’s share and get 51% stake along with its board nominees Tata Sons will soon be in the pilot’s seat of AirAsia India, holding 51 per cent stake in the......
AirAsia India's promoters are set to infuse additional capital in the airline even as losses have eroded its equity capital. According to filings with the Registrar of Companies, the......