CCI clears Air India-Vistara merger subject to certain conditions

Competitors Fee on Friday accredited the proposed merger of Air India and Vistara topic to sure situations.

The event is a significant step ahead for Tata Group in consolidating its aviation enterprise.

In a publish on platform X, the Competitors Fee of India (CCI) on Friday stated it has accredited the merger.

“CCI approves the merger of Tata SIA Airways into Air India, and acquisition of sure shareholding by Singapore Airways in Air India topic to compliance of voluntary commitments provided by the events,” it stated.

(Solely the headline and movie of this report could have been reworked by the Enterprise Commonplace workers; the remainder of the content material is auto-generated from a syndicated feed.)

First Revealed: Sep 01 2023 | 7:20 PM IST

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