Abhijith Ganapavaram
- Indexed articles, last 90 days
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- Aug 30, 2026
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Temasek defends SIA's Air India investment amid growing scrutiny (opens the original)
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Singapore state investor Temasek, the majority shareholder of Singapore Airlines, on Saturday backed the airline’s investment in Air India, as scrutiny grows over its stake in the loss-making Indian carrier. Air India‘s request for about $1.5 billion in fresh equity from owners Tata Sons and Singapore Airlines was first reported by Reuters this week. Singapore Airlines owns 25.1% of India‘s second-largest airline, with the rest owned by Tata. News of the funding request prompted Kenneth Tiong, a
Singapore opposition lawmaker opposes use of Temasek funds to shore up Air India (opens the original)
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A Singapore opposition lawmaker has urged that state investor Temasek’s money not be used to shore up Air India, after Reuters reported the Indian carrier had asked owners Tata Sons and Singapore Airlines, of which Temasek is the majority owner, for about $1.5 billion. Kenneth Tiong, a member of parliament for the opposition Workers’ Party, said in a social media post on Wednesday that because Singapore Airlines owns about 25% of Air India and Temasek in turn owns most of the Singapore carrier,
Air India seeks $1.5b from Tata, Singapore Airlines as losses mount (opens the original)
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Air India is seeking about $1.5 billion in fresh equity from its owners Tata Sons and Singapore Airlines, months after the second-largest Indian airline posted a record annual loss, two people familiar with the matter told Reuters. It would be one of Air India’s largest publicly reported requests for shareholder funding since Tata took control of the former state-owned carrier in 2022. It highlights the challenges facing the airline as it undergoes a multi-billion-dollar revamp, including the re
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