The company has received an approval to raise USD 1 billion through foreign debt instrument.
IndiGo has already been operating four flights on this route on a daily basis.
The merger would resultantly help the two companies to "provide better quality services to customers on a pan-India basis.
The company is investing Rs 154 crore for now.
TCIL has signed an agreement with AlixPartners, Thomas Cook UK’s appointed Special Managers in this regard.
Doing away with the “substantial ownership” clause will enable an overseas stakeholder weigh in on major decisions of local airlines.
The PSUs had set December 3 as last date for employees to opt for VRS.
Banks disbursed Rs 2.52 lakh crore of loans in October and Rs 2.39 lakh crore in November.
As many as 13 banks and over 23,000 homebuyers have voting rights in the CoC.
Paytm entered the online bus ticketing space in 2015 and currently offers bus tickets across more than 62,000 routes.