Tatas plan new vertical to on-board Air India post share purchase agreement

The Tata Group plans to create a new business vertical to on-board all its holdings in the airline industry, including Air India post the share purchase agreement. The new vertical will hold the Group's interest in Air India Express and AISATS. At present, the Tatas hold a majority stake in the low-cost carrier AirAsia India and the full-service airline Vistara.

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