100% FDI In Aviation Expected In Budget Speech: Report
Business | Indo-Asian News Service | Thursday December 26, 2019
In the last budget speech in July, Finance Minister Nirmala Sitharaman said the government proposed to hike the FDI limit in domestic air carriers from the 49 per cent.
Government Mulls Diluting FDI Rules Ahead Of Air India Sell-Off: Report
Business | IANS | Tuesday December 3, 2019
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.
Kingfisher, SpiceJet close off day's high ahead of FDI decision
Business | Friday September 14, 2012
Shares in debt-laden Kingfisher Airlines surged 14 per cent on hopes of foreign direct investment being allowed in India's airlines. Other aviation stocks - SpiceJet and Jet Airways - also traded with strong gains amid a broad rally in markets Friday.
If I was in UPA-II, I would not be celebrating: Kiran Mazumdar-Shaw
Business | Shweta Rajpal Kohli | Wednesday May 23, 2012
The Biocon chairperson slammed the government, saying its "xenophobia is not conducive for foreign direct investment" and that foreign investors were negative on putting their money into India. The scathing remarks came as UPA-II completed three years. “I am deeply disappointed with UPA-II,” she told NDTV.
Nod for external commercial borrowing in aviation likely next week
Business | Thursday April 19, 2012
The Budget proposal to allow aviation sector to raise up to $1 billion through external commercial borrowing (ECB) route for capital requirements is likely to be implemented next week.
Market cues: Asian stocks gain, FDI in aviation and more
Business | Friday January 13, 2012
Asian stocks gained ground on Friday as a drop in Italian and Spanish borrowing costs added to optimism the European Central Bank is averting a credit crunch in financial markets.
100% FDI In Aviation Expected In Budget Speech: Report
Business | Indo-Asian News Service | Thursday December 26, 2019
In the last budget speech in July, Finance Minister Nirmala Sitharaman said the government proposed to hike the FDI limit in domestic air carriers from the 49 per cent.
Government Mulls Diluting FDI Rules Ahead Of Air India Sell-Off: Report
Business | IANS | Tuesday December 3, 2019
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.
Kingfisher, SpiceJet close off day's high ahead of FDI decision
Business | Friday September 14, 2012
Shares in debt-laden Kingfisher Airlines surged 14 per cent on hopes of foreign direct investment being allowed in India's airlines. Other aviation stocks - SpiceJet and Jet Airways - also traded with strong gains amid a broad rally in markets Friday.
If I was in UPA-II, I would not be celebrating: Kiran Mazumdar-Shaw
Business | Shweta Rajpal Kohli | Wednesday May 23, 2012
The Biocon chairperson slammed the government, saying its "xenophobia is not conducive for foreign direct investment" and that foreign investors were negative on putting their money into India. The scathing remarks came as UPA-II completed three years. “I am deeply disappointed with UPA-II,” she told NDTV.
Nod for external commercial borrowing in aviation likely next week
Business | Thursday April 19, 2012
The Budget proposal to allow aviation sector to raise up to $1 billion through external commercial borrowing (ECB) route for capital requirements is likely to be implemented next week.
Market cues: Asian stocks gain, FDI in aviation and more
Business | Friday January 13, 2012
Asian stocks gained ground on Friday as a drop in Italian and Spanish borrowing costs added to optimism the European Central Bank is averting a credit crunch in financial markets.
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