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Jet Airways may lease three planes to Etihad

Last Updated: Sunday, June 01, 2014, 13:16

Jet was earlier planning to induct these wide-bodied planes, which are on lease with Turkish Airlines.

FIPB clears Tata-Singapore Airlines JV for full-service airline

Last Updated: Thursday, October 24, 2013, 12:37

The Foreign Investment Promotion Board (FIPB) Thursday gave its green signal to Singapore Airlines to start a full-service airline in partnership with Tata Sons entailing an initial foreign investment of USD 49 million.

FIPB to consider Tata-SIA proposal tomorrow

Last Updated: Wednesday, October 23, 2013, 16:33

The Foreign Investment Promotion Board (FIPB) will on Thursday take a call on allowing Singapore Airlines to tie up with Tatas for setting up a full-service airline, besides 29 other foreign direct investment applications.

Govt may be open to tweaking FDI norms in aviation: Chidambaram

Last Updated: Sunday, November 18, 2012, 17:25

"What is there to tweak, we have allowed 49 percent. Let us see whether there are potential investors. These are executive decisions, they can always be tweaked," he saidin an interview.

Kingfisher owes Rs 60 crore in service tax outstandings: Dept

Last Updated: Thursday, September 27, 2012, 11:25

Kingfisher has said it is in talks with foreign carriers for bringing in FDI, a move that is expected help it overcome financial troubles.

FDI in retail in favour of farmers: Hooda

Last Updated: Saturday, September 22, 2012, 22:00

Farmers would get appropriate rates of their produce and consumers would get goods at reasonable rates, he said.

Govt notifies decision on allowing FDI by foreign airlines

Last Updated: Thursday, September 20, 2012, 21:45

Moving ahead with the reforms, Government on Thursday notified the Cabinet's decision to allow foreign airlines to pick up upto 49 percent stake in private Indian carriers.

Aviation, retail shares likely to attract more demand: Experts

Last Updated: Wednesday, September 19, 2012, 19:21

Shares of aviation and retail firms which gained up to 24 percent since government's decision to allow overseas investments, are likely to be on investors' radar in the near-term as well, experts have said.

Govt says no to raising 49% FDI cap in aviation sector

Last Updated: Sunday, June 17, 2012, 20:51

Government Sunday ruled out raising the 49 percent FDI cap in the Indian aviation sector.

FinMin for foreign carriers investing in domestic airlines

Last Updated: Wednesday, April 11, 2012, 18:37

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.

Proposed foreign airline FDI in local carriers: Ravi

Last Updated: Tuesday, November 29, 2011, 18:25

India allows up to 49 percent foreign investment in Indian carriers but bars foreign carriers from owning stake.

Rationalise taxes on aviation sector, ease FDI norms: ASSOCHAM

Last Updated: Sunday, November 13, 2011, 13:46

The statement could be music to the ears of Kingfisher owner Vijay Mallya who has himself been raising this demand for several months now.