It is seeking the funding in the form of fresh equity. Read more at straitstimes.com. Read more at straitstimes.com.

Air India is seeking around $1.5 billion in fresh equity from owners Tata Sons and Singapore Airlines to fund its turnaround, according to two people familiar with the matter. The…

NEW DELHI: Air India is seeking about US$1.5 billion in fresh equity from its owners Tata Sons and Singapore Airlines (SIA), months after the second-largest Indian airline posted…