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Air India seeks US$1.5 billion from owners SIA, Tata as losses mount: Sources

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Air India seeks US$1.5 billion from owners SIA, Tata as losses mount: Sources
Air India seeks US$1.5 billion from owners SIA, Tata as losses mount: Sources
NEW DELHI: Air India is seeking about US$1.5 billion in fresh equity from its owners Tata Sons and Singapore Airlines (SIA), months after the second-largest Indian airline posted a record annual loss, two people familiar with the matter told Reuters.It would be one of Air India's largest publicly reported requests for
CNBC
CNBC🏁 first to report11 hrs ago
Porsche inks $1.5 billion deal for AI deployment with India’s largest IT services firm Tata Consultancy
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