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Tatas could offer SIA a stake for AI-Vistara merger

SIA, which owns 49% in Vistara's parent Tata SIA Airlines, has agreed "in principle" to the proposal to get on board Air India with the Tata Group, they said. The Tata Group is seeking to merge Vistara with the national carrier it recently acquired and have Air India as the only airline brand under its fold, the executives said.

from Industry-Economic Times
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