SIA in talks with Tata on Vistara

Singapore Airlines Ltd said it was in confidential discussions with India's Tata Group regarding a potential deal which may involve the integration of Vistara and Air India.
  "The discussions seek to deepen the existing partnership between SIA and Tata, and may include a potential integration of Vistara and Air India," Singapore Airlines said in a statement.
  However, it added the discussions were ongoing and no definitive terms were agreed upon yet.
Singapore Airlines owns a 49pc stake in Tata SIA Airlines, which operates Vistara, while the remaining 51pc is owned by the Indian conglomerate.

-B