Decoding What Singapore Airlines Gets With 25% In Air India Vs 45% In Vistara | Business 360

Singapore Airlines Ltd (SIA) said on Tuesday it would emerge as a 25.1% owner of Air India as part of a deal that would merge its Vistara full-service airline joint venture with Tata Sons into India's national carrier. SIA will invest $250 million into Air India as part of the transaction, the Singaporean carrier said in a statement, with the pair aiming to complete the merger by March 2024 subject to regulatory approvals. The agreement will create a stronger rival to the country's dominant carrier IndiGo and give the Singaporean airline, which lacks a domestic flying market, a more solid foothold in one of the world's fastest-growing aviation markets. Take a look at this detailed report on what does Singapore Airlines Ltd (SIA) gets with 25% in Air India vs 45% in Vistara. Read the full story: #airindia #vistara #airindiavistaramerger #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday https://www.cnbctv18.com/business/com... About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here. You can also connect with CNBC-TV18 News Online Catch the latest news: https://bit.ly/2YbpXBM Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/ Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/ You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/ Subscribe to our Channel: https://bit.ly/3nvEcxf Like us on Facebook:   / cnbctv18india   Follow us on Twitter:   / cnbctv18news   n18oc_business