Archive | September 17, 2012

India’s government allows foreign airlines to buy up to 49 percent stake and opens up retail sector to foreign investment

September 17, 2012


India’s Foreign Direct Investment in aviation: Moving to the next level India Brand Equity Foundation NEW DELHI- In a bid to infuse liquidity in the civil aviation industry, the Indian government relaxed the Foreign Direct Investment (FDI) norms in the sector by allowing foreign airlines to buy up to 49 per cent stake in local carriers. […]

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