Singapore Airlines to invest additional Rs 3,195 cr in Air India post-Vistara merger

Singapore Airlines (SIA) will invest an additional Rs 3,194.5 crore in Tata Group-owned Air India following the merger of Vistara, which is set to be completed by November 11, 2024. SIA will hold a 25.1% stake in the enlarged Air India. The investment includes SIA’s 49% stake in Vistara and Rs 2,058.5 crore in cash.