BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
Vistara
|
|
Margaret
|
|
Tata-SIA
|
|
Legard
|
Detailed explanation-1: -Vistara, a 51:49 joint venture between Tata Sons and Singapore Airlines Limited, was established in 2013 and is India’s leading full-service carrier with international operations in Middle East, Asia and Europe.
Detailed explanation-2: -Four airlines are part of the Tata group. They are Air India, Air India Express, AirAsia India and Vistara.
Detailed explanation-3: -On 29 November, Singapore Airlines and Tata Group announced a merger between Air India and Vistara, with Singapore Airlines holding 25.1% of the merged entity. The merger is expected to be completed by March 2024. Vistara is a 51:49 joint venture between Tata Group and Singapore Airlines.
Detailed explanation-4: -At present, Tatas and SIA own 51 per cent and 49 per cent stake in the airline and have invested over Rs 9, 370 crore in it.
Detailed explanation-5: -Tata SIA Airlines, a joint venture between Tata Sons and Singapore Airlines, operates under the flagship brand name Vistara, a domestic and international full-service carrier.