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Premji Invest, Pai family get CCI nod to acquire Akasa Air stake
short by Vaishnavi Mishra / on Tuesday, 15 April, 2025
Premji Invest, Manipal Group chief Ranjan Pai's family office and 360 ONE have received Competition Commission of India's (CCI) approval to acquire stake in Akasa Air-parent SNV Aviation. The acquisition will be done through various schemes and affiliates of Akasa Air. Earlier, the domestic carrier entered into a pact with a consortium of marquee investors for fresh capital infusion.
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