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Vistara To Merge With Air India Which Is Growing After Tata Takeover
With Tata Sons as majority owner, Singapore Airlines will own around 25 per cent of enlarged Air India, into which it'll infuse over ₹ 2,000 crore
New Delhi:
Vistara airlines will be merged with Tata-owned Air India by March 2024, the company announced today. Singapore Airlines, which owns minority share in Vistara in its joint venture with Tata, will own around 25 per cent of the enlarged Air India, into which it'll infuse over ₹ 2,000 crore.
The rearrangement will mean a larger fleet and more routes under the Air India brand as Tata Sons rebuilds a mega aviation wing of its empire. At present, 51 per cent share in Vistara is with Tata, while Singapore Airlines owns the remaining 49 per cent in the join venture set up in 2013.
Since Tata bought Air India for ₹ 18,000 crore as part of a government disinvestment around a year ago, the plan has been to merge all its aviation brands under that name.
For Vistara, the two owners "aim to complete the merger by March 2024, subject to regulatory approvals", said a Singapore Airlines release. Tata also owns low-cost carriers Air India Express and AirAsia India, both of which will be merged under the Air India brand, too, by 2024.
This will take the fleet size to 218, putting togetaher Air India's 113 with AirAsia India's 28, Vistara's 53, and Air India Express's 24. It will then be India's largest international carrier and second largest domestic carrier, Tata Sons said.
Sheezan Khan has also reportedly said that Tunisha Sharma had attempted suicide earlier as well, after they broke up. Mumbai: Sheezan Khan, main accused in TV actor Tunisha Sharma's alleged suicide, was "so disturbed by the atmosphere in the country that emerged after the gruesome murder of Shraddha Walkar" that he decided to end their relationship, he told the police, according to news agency ANI. During his first day in police custody, Sheezan Khan told Maharashtra police that he ended his relationship with Tunisha Sharma after seeing repercussions from the Shraddha Walkar case, and told her that belonging to a different community stands in their way, as did their age gap, ANI reported. Sheezan is 28, and Tunisha was 20. No suicide note was recovered at the spot by the police. Shraddha Walkar was murdered by her live-in boyfriend Aaftab Poonawala at their Delhi apartment, her body chopped into pieces and thrown at several places to hide evidence. The case triggered a...
BUCHAREST, Romania (AP) — Andrew Tate, a divisive social media personality and former professional kickboxer, was detained in Romania late Thursday on charges of human trafficking and rape, according to local media reports. Tate, a British-U.S. citizen who previously was banned from various social media platforms for expressing misogynistic views and hate speech, was reportedly detained along with his brother Tristan in the Ilfov area north of Romania’s capital, Bucharest. Romania’s anti-organized crime agency said in a statement late that four suspects, including two British citizens and two Romanians, were arrested on charges of being part of an organized crime group, human trafficking and rape. The agency, DIICOT, said the British citizens recruited women who were subjected to “acts of physical violence and mental coercion,” sexually exploited by group members and forced to perform pornographic acts intended to reap “important financial benefits.” Source Visit These...
Sources have also told NDTV that nine Police Control Room (PCR) vans chased the car but failed to catch it. New Delhi: In the horrific death of a 20-year-old Delhi woman dragged by a car for over an hour on January 1, there are more indications that the occupants of the car knew she was caught in the axle but kept driving, crushing her in the most horrific manner. Sources have also claimed that nine Police Control Room (PCR) vans chased the car but failed to catch it. Anjali Singh, returning home from a New Year's party on her scooter with a friend, was hit by the car at around 2 am. Her leg was caught in a wheel, and she was dragged for 13 km by the car that took multiple turns to try and detach the body. Anjali's friend Nidhi, who was with her on the scooter but fled without informing anyone, has told the police that she was screaming in pain but the car driver didn't stop and "deliberately" ran her over. Sources say there were five PCR vans on the route, som...
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