AirAsia shares tumble as probe threatens plans for India unit's IPO

AirAsia Group Bhd shares dropped sharply on Wednesday after federal police in India filed a case against the airline accusing it of corruption - a probe that threatens to delay its India unit`s IPO plans and international expansion.  

AirAsia shares tumble as probe threatens plans for
AirAsia Group Bhd shares dropped sharply on Wednesday after federal police in India filed a case against the airline accusing it of corruption. Image source: Pixabay

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