Tata Sons is planning to gradually raise its stake in AirAsia India to more than 76 per cent by the end of 2020-21, people aware of the development have said.
Tatas
At present, AirAsia India is functioning on funding from Tata Sons, which has invested close to Rs 650 crore through optionally convertible debentures.
First Published: Nov 30 2020 | 6:05 AM IST
Key stories on business-standard.com are available only to BS Premium subscribers.
Register to read more on Business-Standard.com