Singapore Airlines, Tata Sons agree to merge Air India and Vistara

Singapore Airlines, Tata Sons agree to merge Air India and Vistara

Singapore’s flag carrier airline Singapore Airlines and Tata Sons, the parent company of the Tata Group, will merge Air India and Vistara to establish an enlarged airline group in India. Post-merger, Singapore Airlines is expected to increase its presence in India and advance its multi-hub approach while Air India is expected to benefit from Vistara’s […]

Tata Steel, thyssenkrupp sign deal to form European steel joint venture

Tata Steel, thyssenkrupp sign deal to form European steel joint venture

Indian steel company Tata Steel and German multinational conglomerate thyssenkrupp have signed agreements to merge their European steel businesses – Tata Steel Europe and thyssenkrupp Steel Europe, respectively into a new company to be named as thyssenkrupp Tata Steel. The new steel business joint venture to be headquartered in the Amsterdam region in the Netherlands […]