The Tata Group and Singapore Airlines have fast-tracked the decision to merge Tata SIA Airlines (Vistara), as per sources. In the new joint venture (JV), Singapore Airlines could hold a minority stake of as much as 25 percent in Air India and Vistara while Air India can hold a stake worth INR 50 bn to INR 100bn, reports LiveMint. Currently, talks are ongoing between the Tata Group and Singapore Airlines on how best to leverage the future India opportunity in aviation, optimise the resources, and meet the market competition, sources reveal. This merger is believed to be a part of Tata
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