Aviation FDI

Compat to hear appeal against Jet-Etihad deal on Feb 24

The Competition Appellate Tribunal will again hear on February 24 the appeal against fair trade watchdog CCI's approval of the Rs 2,060 crore Jet-Etihad deal.

Feb 10, 2014, 17:02 PM IST

Will not decide on AirAsia deal before Dec 11: Centre to HC

After hearing the parties, the bench fixed December 11 for further hearing of the matter.

Oct 30, 2013, 16:17 PM IST

Cabinet approves AI restructuring, FDI in aviation deferred

In a big boost to ailing Air India, the government on Thursday approved a turnaround plan (TAP) to restructure the operations and the finances of the cash- strapped carrier, including infusion of additional equity.

Apr 12, 2012, 09:18 AM IST

Mallya meets Sharma on FDI in aviation

Crisis-hit Kingfisher Airlines Chairman Vijay Mallya on Wednesday met Commerce and Industry Minister Anand Sharma here.

Apr 11, 2012, 22:01 PM IST

FinMin for foreign carriers investing in domestic airlines

The Finance Ministry on Wednesday gave its approval to the proposal that seeks to allow foreign airlines to buy up to 49 percent stake in Indian carriers, most of them are cash-starved.

Apr 11, 2012, 18:37 PM IST

Govt moves Cabinet note on aviation FDI

The Cabinet is likely to soon take a decision on a proposal to allow foreign airlines to pick up stake in domestic carriers, most of which are facing financial crisis, a senior government official said.

Apr 10, 2012, 21:25 PM IST

DIPP favours foreign airlines' investment in domestic carriers

The Industry Ministry is in favour of allowing foreign airlines to invest in domestic carriers, saying it would help the cash-crunch industry to raise equity, an issue that does not find support among many Indian airlines.

Sep 21, 2011, 18:00 PM IST

Wait for FDI from foreign carriers to continue

Indian carriers hoping to attract investments from foreign airlines may have to wait longer as the government is yet to finalise its stand on a Civil Aviation Ministry proposal sent three years ago.

Sep 04, 2011, 16:42 PM IST