Vistara receives Rs 20 billion capital infusion from Tata Sons and Singapore Airlines to expand operations

Full-service carrier Vistara, a joint venture between Tata Sons Ltd and Singapore Airlines Ltd, has reportedly received a capital infusion of Rs 20 billion from its parent companies, according to a media report.

The latest investment comes at a time when Vistara is planning to expand its operations. With this infusion, Tata Sons Ltd and Singapore Airlines have invested over Rs 38 billion in equity into the joint venture to date, according to Business Standard.

The report said the Rs 20 billion fund infusion will help Vistara in pre-delivery payments to Airbus and Boeing. Read More

You may also read!

Rajasthan on High Alert over Suspected Presence of Afghan Terror Threat

The Rajasthan Police has sounded a high alert across the state after information was received that four terrorists have


Pakistani commando behind capture of Abhinandan killed

A Pakistani commando who was behind the capture of Wing Commander Abhinandan Varthaman when his IAF jet crashed in


Is PM Modi allowing Trump to play policeman in India-Pakistan tensions over Kashmir?

PM Narendra Modi Monday held his first conversation with US President Donald Trump on the Kashmir issue since the


Leave a reply:

Mobile Sliding Menu