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Singapore Airlines to seek stronger governance terms for Air India funding

Singapore Airlines logoSingapore Airlines
Sig2.87Sen-0.55Env0.00Soc0.00Gov+1.12

Singapore Airlines, backed by Temasek, is expected to seek stronger influence over management and tighter governance rights before approving a capital injection into Air India. The conditions would likely boost board voting power and require Air India to narrow its losses, amid mounting scrutiny after Air India posted a $2.33 billion loss.

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