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NRIs Can Now Own 100% In Air India Via Automatic Route
As per the existing norms, 100 per cent FDI is permitted in scheduled domestic carriers, subject to certain conditions, including that it would not be applicable for overseas airlines. In the case of scheduled airlines, 49 per cent FDI is permitted through automatic approval route and any such investment beyond that level requires government nod.
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Government Mulls Diluting FDI Rules Ahead Of Air India Sell-Off: Report
The present FDI rules allow up to 100 per cent FDI in domestic carriers but the investment by a foreign airline is capped at 49 per cent. Further, substantial ownership and effective control has to be in the hands of Indians.
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Qatar Airways Defers Airline In India, Seeks Clarity On FDI Rules
India has permitted foreign investors, barring foreign airlines, from owning up to 100 per cent stake in local carriers.
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FDI Okayed For Air India, Congress Says Government Doesn't Care
The Narendra Modi government today opened the doors for foreign investment in Air India -- a move that is expected to expedite the divestment process of the debt-ridden national carrier. Under the plan cleared by the cabinet this morning, foreign airlines will be able to make up to 49 per cent direct investment in Air India, leaving the control of ...
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Single Brand Retail, Construction Get Big FDI Push: 10 Points
The Cabinet today liberalised FDI or foreign direct investment in key sectors including allowing 100 per cent FDI under automatic route in single brand retail trading. It also allowed foreign airlines to invest up to 49 per cent under approval route in national carrier Air India. This move is expected to expedite the divestment process for Air Indi...
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Cabinet Approves 100% FDI In Single Brand Retail Via Automatic Route
FDI during April-September this fiscal year grew by 17 per cent to $25.35 billion. FDI into India increased by 9 per cent to $43.48 billion in 2016-17.
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Working On 'Appropriate Policies' For 100% FDI In Airlines: Government
The Minister of State for Civil Aviation also said the Ministry has not yet received any formal application from any airline with respect to 100 per cent FDI.
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Begged For Help, Not Loans, Says Vijay Mallya
Defending himself in a string of tweets, Mr Mallya said all he sought was help related to policy change and not loans, questioning "public funds given to Air India".
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Relaxed Airline FDI Norms To Have Security Implications: FIA
As part of liberalising norms to overseas investments, foreign non-airline players can own up to 100 per cent stake in local carriers.
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Air Operator Permit Policy To Be Amended For New FDI Norms
The government on Thursday said it will amend the existing policy for grant of air operator permit (AOP) to bring it in line with its recent decision to allow 100 per cent foreign direct investment in domestic airlines.
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Airlines 'Are Not Demons', Minister Says Against Capping Airfares
Airlines might not be "angels but definitely they are not demons", Civil Aviation Minister Ashok Gajapathi Raju on Thursday said amid concerns over arbitrary hike in airfares and emphasised that carriers have been responsive during crises.
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Ratan Tata's Aviation Ambitions Now A Step Closer
Officially at least, Ratan Tata, patriarch of one of India's wealthiest business families, retired in late 2012. In reality, he has been a driving force behind Tata's bet on airlines and a rare public campaign to open up the booming aviation sector.
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Aviation Stocks Fly High As Government Permits 100% FDI In Airlines
Foreign investors, barring overseas airlines, can now have up to 100 per cent stake in local carriers, the government today said unveiling significant reforms.
-
FDI Reforms In Aviation: Experts Hail 'Liberal' Move
Under the new FDI norms, foreign investors, barring overseas airlines, can now have up to 100 per cent stake in local carriers, while the equity holding was has remained restricted at 49 per cent.
-
Government Eases Foreign Investment Rules For Airlines
India eased rules for foreign investment in the country's aviation sector on Monday in a bid to boost air travel and develop new airports in Asia's third-largest economy.
-
NRIs Can Now Own 100% In Air India Via Automatic Route
As per the existing norms, 100 per cent FDI is permitted in scheduled domestic carriers, subject to certain conditions, including that it would not be applicable for overseas airlines. In the case of scheduled airlines, 49 per cent FDI is permitted through automatic approval route and any such investment beyond that level requires government nod.
-
Government Mulls Diluting FDI Rules Ahead Of Air India Sell-Off: Report
The present FDI rules allow up to 100 per cent FDI in domestic carriers but the investment by a foreign airline is capped at 49 per cent. Further, substantial ownership and effective control has to be in the hands of Indians.
-
Qatar Airways Defers Airline In India, Seeks Clarity On FDI Rules
India has permitted foreign investors, barring foreign airlines, from owning up to 100 per cent stake in local carriers.
-
FDI Okayed For Air India, Congress Says Government Doesn't Care
The Narendra Modi government today opened the doors for foreign investment in Air India -- a move that is expected to expedite the divestment process of the debt-ridden national carrier. Under the plan cleared by the cabinet this morning, foreign airlines will be able to make up to 49 per cent direct investment in Air India, leaving the control of ...
-
Single Brand Retail, Construction Get Big FDI Push: 10 Points
The Cabinet today liberalised FDI or foreign direct investment in key sectors including allowing 100 per cent FDI under automatic route in single brand retail trading. It also allowed foreign airlines to invest up to 49 per cent under approval route in national carrier Air India. This move is expected to expedite the divestment process for Air Indi...
-
Cabinet Approves 100% FDI In Single Brand Retail Via Automatic Route
FDI during April-September this fiscal year grew by 17 per cent to $25.35 billion. FDI into India increased by 9 per cent to $43.48 billion in 2016-17.
-
Working On 'Appropriate Policies' For 100% FDI In Airlines: Government
The Minister of State for Civil Aviation also said the Ministry has not yet received any formal application from any airline with respect to 100 per cent FDI.
-
Begged For Help, Not Loans, Says Vijay Mallya
Defending himself in a string of tweets, Mr Mallya said all he sought was help related to policy change and not loans, questioning "public funds given to Air India".
-
Relaxed Airline FDI Norms To Have Security Implications: FIA
As part of liberalising norms to overseas investments, foreign non-airline players can own up to 100 per cent stake in local carriers.
-
Air Operator Permit Policy To Be Amended For New FDI Norms
The government on Thursday said it will amend the existing policy for grant of air operator permit (AOP) to bring it in line with its recent decision to allow 100 per cent foreign direct investment in domestic airlines.
-
Airlines 'Are Not Demons', Minister Says Against Capping Airfares
Airlines might not be "angels but definitely they are not demons", Civil Aviation Minister Ashok Gajapathi Raju on Thursday said amid concerns over arbitrary hike in airfares and emphasised that carriers have been responsive during crises.
-
Ratan Tata's Aviation Ambitions Now A Step Closer
Officially at least, Ratan Tata, patriarch of one of India's wealthiest business families, retired in late 2012. In reality, he has been a driving force behind Tata's bet on airlines and a rare public campaign to open up the booming aviation sector.
-
Aviation Stocks Fly High As Government Permits 100% FDI In Airlines
Foreign investors, barring overseas airlines, can now have up to 100 per cent stake in local carriers, the government today said unveiling significant reforms.
-
FDI Reforms In Aviation: Experts Hail 'Liberal' Move
Under the new FDI norms, foreign investors, barring overseas airlines, can now have up to 100 per cent stake in local carriers, while the equity holding was has remained restricted at 49 per cent.
-
Government Eases Foreign Investment Rules For Airlines
India eased rules for foreign investment in the country's aviation sector on Monday in a bid to boost air travel and develop new airports in Asia's third-largest economy.
