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Tata Group acquires controlling stake in AirAsia India, says report

Updated : April 18, 2019 10:41 AM IST

Prior to the increase in stake, both Tata group and AirAsia had 49 percent stake each with Tata Trusts managing partner R Venkataramanan and group executive S Ramadorai holding the rest.
Air Asia India was started with 49 percent shareholding by AirAsia Group, 30 percent by Tata group and 21 percent owned by Arun Bhatia’s Telestra Tradeplace.
Tata Group acquires controlling stake in AirAsia India, says report

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