Tatas, AirAsia in talks to sort out no-compete rule, signed for their JV
The Tata group’s holding company, Tata Sons, and Air Asia —owned by Malaysian businessman Tony Fernandes — are in talks to sort out differences that cropped up between the two groups over the non-compete clause signed for their joint venture, AirAsia India. Read more.
Shareholders reject Rakesh Gangwal's special resolution at IndiGo's EGM
The special resolution proposed by IndiGo co-promoter Rakesh Gangwal was defeated in the company’s action-packed Extraordinary General Meeting (EGM) on Wednesday. The resolution has not been passed as only 48.56 per cent of the