Singapore Airlines denies media report on raising stake in Air India

Singapore Airlines said it has not raised its stake in Air India from the 25.1% which it secured as part of the Tata Group's Vistara merger to create a bigger full-service India's national carrier

Singapore Airlines on Friday said it has not raised its stake in Air India from the 25.1% which it secured as part of the Tata Group's Vistara merger to create a bigger full-service India's national carrier.

Singapore's state carrier's statement was in response to a media report saying it had raised its stake in the Indian airline to about 40%.