The Tata Group is making big moves in consolidating its four airlines in 2024. Air India Express has begun the 'second motion' for a conclusive hearing at the National Company Law Tribunal (NCLT). This step is aimed at merging AIX Connect (previously known as AirAsia India) into its fold. Tata Sons began the consolidation process in November 2022, merging its airlines Vistara, AirAsia India, and Air India Express under the Air India umbrella., Companies News, Times Now
Despite the challenges in the new year, Chandrasekaran, said India was well-positioned to gain from the transformative shifts reshaping the world. "In 2023, we performed exceptionally well. We demonstrated commendable leadership at a historic G20 summit. Our economy is thriving, with GDP set to double to USD 7 trillion over the next five years."
The additional funding, expected to be channeled into Tata Digital Pvt., aims to propel the app's operational efficiency and user-friendliness, ensuring a more seamless digital experience