Air India's merger with Vistara is expected to be completed next year. With this, the merged entity would become India's largest international carrier and second-largest domestic airline.
The French designer behind those coveted red-soled stilettos has just snagged a stake in Experimental Group. Louboutin will now have a say in this chic Parisian outfit that runs a handful of boutique hotels and bars that are catnip for jetsetters.
With a string of other airline mergers and acquisitions pending across the continent, the industry will be examining the regulator's comments for possible clues about the direction of future decisions.