Private equity News
Foreign airlines get all-clear signal on FDI
A key group of ministers on Tuesday reached a consensus on allowing foreign airlines to buy up to 49 per cent stake in Indian carriers. Foreign carriers are not currently allowed to directly or indirectly make any investment in Indian carriers. "We have reached a consensus on allowing foreign carriers to buy 49 per cent stake in Indian airlines and a Cabinet note will be moved soon," said Union Civil
|
|
