Temasek backs Singapore Airlines’ Air India investment amid growing scrutiny
South China Morning Post2h ago2 newsrooms in 2 countries
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 US$1.5 billion in fresh equity from owners Tata Sons and Singapore Airlines was first reported by Reuters this week…