In 2013, Tata Sons started low-cost carrier AirAsia India
Cyrus Mistry alleged fraudulent transactions of worth Rs 22 crore
The regulatory body will submit a report on the aspect of the company's ownership and control in India
Chandilya was the first CEO of the company and resigned in March after his contract was not renewed
The airline during the quarter added three new destinations in its route network
In totality the airline is giving out gold coins weighing a kilogram which is priced around Rs 30 lakh at current market price
Plans to add a seventh A320 jet to its fleet and bring Hyderabad into its network of destinations by September
Airline is looling to expand further and planned to add seventh A320 jet to its fleet to bring Hyderabad into its network of destinations
The airline's board has approved the issue of equity shares on rights basis and an increase in authorised share capital from Rs 195 cr to upto Rs 3,300 cr
The airline had reported a net loss of Rs 26 crore in the December quarter and Rs 65 crore in the July-September period
The concept of substantial ownership and effective control is inherent in aviation law globally
To buy out Arun Bhatia's share and get 51% stake along with its board nominees
Abrol was recently the CEO of Tune Money, a startup owned by Tony Fernandes that aims to deliver low-cost financial products in South East Asia
Abrol was most recently the CEO of Tune Money, a startup that aims to deliver low-cost financial products in South East Asia
The airline's revenue doubled to Rs 208 crore from Rs 62 crore in the corresponding quarter last year