No issues with Tata-Singapore Air deal: Ajit Singh

A day after Tata group decided to launch an airline in partnership with Singapore Airlines, civil aviation minister Ajit Singh said he has no issues with the deal.

However, he also added that the Sebi (Securities and Exchange Board of India) and the ministry of corporate affairs will look into issues of conflict of interest.

Also read: Interest conflict likely in Tata airline deals: Ajay Prasad

"As far as civil aviation ministry is concerned, our rules don't say anything about it. If there are any conflicts, I doubt if there are any problems, but if there is, it is for the corporate affairs ministry and Sebi", said civil aviation minister Ajit Singh.

Meanwhile sources tell CNBC-TV18 that the Tatas had informed Air Asia about their decision to partner with Singapore Airlines and that AirAsia does not see this as an issue at all.

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