Tata Sons may have to write-off AirAsia India's losses

August 25, 2022 12:24 PM

Tata Sons might have to make a ₹2,600 crore provision as accumulated losses for AirAsia India as Tata-owned Air India seeks to fully acquire the latter's equity share capital, according to a report.

Tata Sons has 83.67% stake in AirAsia India.

Whether the write-off will be included in Tata Sons or Air India's balance sheet is yet to be decided

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