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Tuesday, March 5, 2024

AI-Vistara merger gets approval from Singapore panel

The Competition and Consumer Commission of Singapore has conditionally approved the merger of Vistara into Air India, with SIA and Tatas holding stakes. The merger raises competition concerns on routes between Delhi, Mumbai, Chennai, Tiruchirapalli, and Singapore due to potential price and capacity coordination and the parties' substantial market share.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/A1svcrV

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