Latest Markets Business BEEPS Earnings Personal Finance

Air India Seeks To Acquire AirAsia India

The Tata Group-controlled airlines have sought approval from the Competition Commission of India for a merger.

Rishabh Bhatnagar
Aircraft operated by AirAsia Bhd and SpiceJet Ltd. stand at Terminal 3 of Indira Gandhi International Airport in New Delhi, India. (Photographer: T. Narayan/Bloomberg)

Air India Ltd., months after its takeover by the Tata Group, plans to acquire AirAsia India Pvt.

The airlines have sought approval from the Competition Commission of India, according to a regulatory filing. “The proposed combination will not lead to any change in the competitive landscape or cause any appreciable adverse effect on competition in India...”

Air India is a wholly owned subsidiary of Tata Sons Pvt., while AirAsia India is a joint venture—83.6% owned by the Tatas and the rest held by Malaysia's low-cost carrier AirAsia Berhad.

Tata Sons has interests in as many as four airlines—Air India, Air India Express, Vistara and AirAsia India.

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
WRITTEN BY
Rishabh Bhatnagar
Rishabh writes on technology, startups, AI, and key economic ministries in ... more
GET REGULAR UPDATES
Beeps Img

Ola Developing Indigenous Cell, Alternate Tech For Rare Earth Magnet: Bhavish Aggarwal

  • chevron-double-right Ola Electric developed the Bharat Cell 4680 with fast recharge and lower production cost
  • chevron-double-right The company unveiled ferrite motor technology to replace rare earth magnets in EVs
  • chevron-double-right AI-enabled MoveOS6 software with voice assistant and safety features launches January 2026
More Beeps chevron-right

RECOMMENDED FOR YOU

CFO Leaders: The Making Of Five Star CFOs 
timelogo Jan 14, 2021
Stocks Rise, Treasuries Fall on Stimulus Bets: Markets Wrap
timelogo Aug 19, 2019
Stocks End Record-Setting Week With Further Gains: Markets Wrap
timelogo Jul 15, 2019
The Mutual Fund Show: The Dos And Don’ts Of Online Investing
timelogo Apr 27, 2019

POPULAR

1
Trump-Putin Meeting LIVE Updates: Leaders Leave Alaska Without Ceasefire Deal
2
Ola Developing Indigenous Cell, Alternate Tech For Rare Earth Magnet: Bhavish Aggarwal
3
GST Rates Shake-Up: Government Proposes To Scrap 12%, 28% Rate Slabs, Eyes Two-Slab System| Profit Exclusive
4
'Food Business May Become Bigger Than Edible Oil In Four Years': Saffola Owner Marico's MD
5
Nagaland Governor La Ganesan Dies At 80