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Air India Limited
Air India Limited is a wholly owned subsidiary of the Tata Group. It is headquartered at the Airlines House in New Delhi. It was previously a central public sector undertaking under the ownership of Ministry of Civil Aviation. It was incorporated on 30 March 2007 as the National Aviation Company of India Limited to oversee the merger of Air India, Indian Airlines and Alliance Air. It was renamed as Air India Limited on 26 October 2010. Air India Limited was privatized through it's sale to the Tata Group. On 8 October 2021 Tata Sons paid to Government of India and Tata will also assume of Air India Limited's debt as per the transfer deal. The remaining of Air India Limited's debt was also transferred to AIAHL. The Tata Group requested approval from the CCI to merge AirAsia India with Air India Limited in April 2022, which was granted on 14 June 2022. Structure Previous Current Upon completion of remaining stake sale in AirAsia India by AirAsia Bhd o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alliance Air (India)
Alliance Air (formerly Air India Regional) is a wholly-owned subsidiary of AIAHL (AI Assets Holding Ltd.) which is a Special Purpose Vehicle (SPV ) formed by Government of India after the disinvestment of Air India Limited. It was founded in April 1996 as a wholly-owned subsidiary of Indian Airlines (later merged with Air India in 2011 and remained a subsidiary till 2022) and mainly operates domestic routes as part of the government's Regional Connectivity Scheme. History Alliance Air was founded in April 1996 as a wholly-owned subsidiary of Indian Airlines (merged with Air India in 2011). The parent company wished to make better use of its Boeing 737 fleet, so it wet-leased 12 of these aircraft to Alliance Air. The subsidiary operated its first flight on 15 April 1996. Alliance Air served as a low-cost feeder airline for Indian Airlines, providing connections to the latter's hubs from various smaller cities across the country. In 2002 the airline was offering flights to 44 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Companies Established In 2007
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the Uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vistara
Tata SIA Airlines Limited, operating as Vistara, is an Indian full-service airline, based in Gurugram, with its hub at Indira Gandhi International Airport. The carrier, a joint venture between Tata Sons and Singapore Airlines, commenced operations on 9 January 2015 with its inaugural flight between Delhi and Mumbai. The airline had carried more than two million passengers by June 2016 and as of May 2019, has a 4.7% share of the domestic carrier market, making it the 6th largest domestic airline. The airline serves 34 destinations with a fleet of Airbus A320, Airbus A321neo, Boeing 787-9 and Boeing 737-800NG aircraft. History The airline was founded in 2013 as a joint venture (JV) between India's conglomerate Tata Sons and Singapore Airlines (SIA). The two companies had made a bid in the mid-1990s to launch a full-service carrier in India that was unsuccessful, being denied regulatory approval by the Indian government. With India opening up its airline sector for 49 percent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singapore Airlines
Singapore Airlines (abbreviation: SIA) is the flag carrier airline of the Republic of Singapore with its Airline hub, hub located at Singapore Changi Airport. The airline is notable for highlighting the Singapore Girl as its central figure in corporate branding segment. It has been ranked as the world's best airline by Skytrax four times. Singapore Airlines Group has more than 20 subsidiaries, including numerous airline-related subsidiaries. SIA Engineering Company handles maintenance, repair and overall (MRO) business across nine countries with a portfolio of 27 joint ventures including with Boeing and Rolls-Royce Holdings, Rolls-Royce. Singapore Airlines Cargo operates SIA's freighter fleet and manages the cargo-hold capacity in SIA's passenger aircraft. Scoot, a wholly owned subsidiary operates as a low-cost carrier. Singapore Airlines was the first to put the Airbus A380 — the world's largest passenger aircraft — as well as the Boeing 787, Boeing 787-10 into service an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct legal entities for the purposes of tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...ation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AirAsia Bhd
Capital A Berhad, () operating as AirAsia (stylized as ''airasia'') is a Malaysian multinational low-cost airline headquartered near Kuala Lumpur, Malaysia. It is the largest airline in Malaysia by fleet size and destinations. AirAsia operates scheduled domestic and international flights to more than 165 destinations spanning 25 countries. Its main base is klia2, the low-cost carrier terminal at Kuala Lumpur International Airport (KLIA) in Sepang, Selangor, Malaysia. Its affiliate airlines Thai AirAsia, Indonesia AirAsia, Philippines AirAsia have bases in Bangkok–Don Mueang, Jakarta–Soekarno-Hatta, Manila–Ninoy Aquino airports respectively, while its sister airline, AirAsia X, focuses on long-haul routes. AirAsia's registered office and head office is at Kuala Lumpur International Airport. In 2007, ''The New York Times'' described the airline as a "pioneer" of low-cost travel in Asia. AirAsia is the sponsor of Malaysia national football team, Singapore national footba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Air India Air Transport Services
Air India is the flag carrier airline of India, headquartered at New Delhi. It is owned by Talace Private Limited, a Special-Purpose Vehicle (SPV) of Tata Sons, after Air India Limited's former owner, the Government of India, completed the sale. Air India operates a fleet of Airbus and Boeing aircraft serving 102 domestic and international destinations. The airline has its hub at Indira Gandhi International Airport, New Delhi, alongside several focus cities across India. Air India is the largest international carrier out of India with an 18.6% market share. Over 60 international destinations are served by Air India across four continents. The airline became the 27th member of Star Alliance on 11 July 2014. The airline was founded by J. R. D. Tata as Tata Airlines in 1932; Tata himself flew its first single-engine de Havilland Puss Moth, carrying air mail from Karachi's Drigh Road Aerodrome to Bombay's Juhu aerodrome and later continuing to Madras (currently Chennai). After ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Air India Charters Limited
Air India Express is an Indian low-cost airline headquartered in Kochi, Kerala. It is operated by Air India Express Limited, a wholly owned subsidiary of Indian flag carrier airline Air India. It operates around 649 flights per week to 33 destinations including the Middle East and Southeast Asia. The airline carries around 4.3 million passengers every year connecting 140 city pairs. It has secondary hubs in Thiruvananthapuram, Tiruchirappalli, Kozhikode, Mangaluru and Kannur. History Air India Express came into existence on 29 April 2005, with the launch of three flights that took off simultaneously from Thiruvananthapuram, Kochi and Kozhikode. The airline was launched as a low-cost carrier with the objective of providing convenient connectivity, to short-haul international routes, in the Middle East and Southeast Asia for the Indian expatriate community. Air India Express was Air India's response to the growing popularity of low-cost carriers worldwide and within the reg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Air India Cargo
Air India Cargo was a cargo airline, it was the freight carrying subsidiary of Air India, based in Mumbai. It operated freighter aircraft services off and on at different stages of its history, the latest being from 2006 to 2012. Although the company has stopped operating as an airline it continues to manage the belly cargo hold capacity of Air India's passenger fleet. History Air India Cargo was set up in 1932, and started its freighter operations with a Douglas DC-3 aircraft, giving Air India the distinction of being the first Asian airline to operate freighters. Between the 1980s and 1990s it operated Boeing 747 and Douglas DC-8 freighter aircraft on various international routes through other companies. In 2006 the airline relaunched freighter services following the merger of Indian Airlines and its domestic subsidiary Alliance Air with Air India; which led to the acquisition of a single Boeing 737-200C aircraft from Alliance's fleet, plus ten additional passenger versio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian (airline)
Indian Airlines was a division of Air India Limited. It was based in Delhi and focused primarily on domestic routes, along with several international services to neighbouring countries in Asia. It was a division of Air India Limited after merger of eight pre-Independence domestic airlines. On 10 December 2005, the airline was rebranded as Indian for advertising purposes as a part of a program to revamp its image in preparation for an initial public offering (IPO). The airline operated closely with Air India, India's national overseas carrier. Alliance Air was a fully owned subsidiary of Indian. In 2007, the Government of India announced that Indian Airlines would be merged into Air India Limited as its wholly owned subsidiary . As part of the merger process, a new company called the National Aviation Company of India Limited (now called Air India Limited) was established, into which both Air India (along with Air India Express) and Indian (along with Alliance Air) would be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Competition Commission Of India
The Competition Commission of India (CCI) is the chief national competition regulator in India. It is a statutory body within the Ministry of Corporate Affairs and is responsible for enforcing the Competition Act, 2002 to promote competition and prevent activities that have an appreciable adverse effect on competition in India. The CCI looks into cases and investigates them if the same has a negative impact on competition. CCI also approves combination under the act so that two merging entities do not overtake the market. The commission was established on 14 October 2003. It became fully functional in May 2009 with Dhanendra Kumar as its first chairman. The current Chairman of the CCI is Ashok Kumar Gupta, who was appointed to the role in 2018. The Competition Act, 2002 The idea of Competition Commission was conceived and introduced in the form of the Competition Act, 2002 by the Vajpayee government. A need was felt to promote competition and private enterprise especially ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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