If Air India enters their fold, Tatas’ combined market share in the Indian domestic aviation market will be around 23%, 10% higher than SpiceJet.
Topics
Tata Group | Air India | Singapore Airlines
Salt-to-steel conglomerate Tata Sons is likely to file an expression of interest (EoI) for state airline Air India, the deadline for which is December 14. Singapore Airlines (SIA), with which Tata Sons operates on a full service basis. Vistara airline will not be part of the offering in the initial stages, people familiar with the development said.
Tata Sons did not comment on the issue. A spokesperson for SIA also declined to comment on future investment opportunities. “The opportunity to acquire Air India is too good to let go if the company wants to have scale and size in the business of …
The key stories on business-standard.com are available only to premium subscribers.
Already a premium subscriber? LOG IN NOW
MONTHLY STAR
Digital business standard
MONTHLY STAR
Digital business standard
Business standard digital monthly subscription
Full access to premium product
Convenient – Pay per use
Pay with Master / Visa credit card and VISA ICICI debit card
Automatically renewed (subject to permission from your card issuer)
Cancel anytime in the future
Requires personal information
What do you get?
IN DIGITAL BUSINESS STANDARD
- Unlimited access to all content on any device through the browser or application.
- Exclusive content, features, opinions and comments, selected by our editors, just for you.
- Choose 5 of your favorite companies. Receive a daily email with all the news updates about them.
- Follow the industry of your choice with a daily newsletter specific to that industry.
- Stay on top of your investments. Track the prices of stocks in your portfolio.
- 18 years of archival data.
NOTE:
- The product is a monthly automatic renewal product.
- Cancellation policy: You can cancel at any time in the future without assigning any reason, but 48 hours before the renewal is charged to your card. We do not offer refunds.
- To cancel, please contact from your registered email id and send the email with the cancellation request to [email protected]. Include your contact number for quick action. Requests mailed to any other ID will not be recognized or processed.
MONTHLY SMART
Digital business standard
MONTHLY SMART
Digital business standard
Business Standard Digital – 12 months
Get 12 months of Business Standard digital access
Single registration and integrated to Business Standard Digital
Convenient: I pay once a year
Pay with an instrument of your choice: credit / debit cards, Net Banking, accepted payment wallets
Exclusive invitation to select Business Standard events
What you get
IN DIGITAL BUSINESS STANDARD
- Unlimited access to all content on any device through the browser or application.
- Exclusive content, features, opinions and comments, selected by our editors, just for you.
- Choose 5 of your favorite companies. Receive a daily email with all the news updates about them.
- Keep track of the industry of your choice with an industry-specific daily newsletter.
- Stay on top of your investments. Track the prices of stocks in your portfolio.
NOTE:
- This product is a monthly automatic renewal product.
- Cancellation policy: You can cancel at any time in the future without assigning any reason, but 48 hours before the renewal is charged to your card. We do not offer refunds.
- To cancel, contact from your registered email id and send the request email to [email protected]. Include your contact number to facilitate your inquiry. Requests mailed to any other ID will not be recognized or processed.
Dear reader,
Business Standard has always strived to provide up-to-date information and commentary on developments that interest you and that have broader political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only strengthened our determination and commitment to these ideals. Even during these difficult times arising from Covid-19, we remain committed to keeping you informed and up-to-date with credible news, authoritative opinions, and incisive comments on relevant current affairs.
However, we have a request.
As we fight the economic impact of the pandemic, we need your support even more so that we can continue to bring you more quality content. Our subscription model has received an encouraging response from many of you, who have subscribed to our content online. Increased subscription to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital editor
First Post: Monday Dec 14, 2020 06:05 IST
.
