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Tata Sons to hike AirAsia India stake to 49%

Telestra Tradeplace holds nearly 10 per cent stake in the low-cost airline. While Tata Sons would buy 7.94 per cent shareholding, the remaining stake would be purchased by the carrier's two directors -- S Ramadorai and R Venkataramanan, in their individual capacity.

first published: Mar 28, 2016 12:50 pm

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