After the country eased rules to allow overseas carriers to invest upto 49 percent, Malaysian carrier AirAsia with Tata Sons and Telestra Tradeplace Pvt is seeking approval to establish a joint venture in India. Jitendra Bhargava, Former ED, Air India on CNBC-TV18 welcomed the decision.
Malaysian carrier AirAsia on Wednesday said, it is seeking approval to establish a joint venture involving unlisted Indian firms Tata Sons and Telestra Tradeplace Pvt.