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Home Min opposes hike in FDI caps in telecom, aviation

Last Updated: Tuesday, December 10, 2013, 21:26

Citing security concerns the Home Ministry has opposed hike in Foreign Direct Investment (FDI) caps in sectors like aviation and telecom, Lok Sabha was informed Tuesday.

Procedural delay dampens investors sentiment: Ajit Singh

Last Updated: Saturday, November 30, 2013, 00:38

"There are unnecessary delays at every step every regulatory agency...They are trying to find ways how to stop this...Instead of facilitating this...Everyone delays it," Singh said at ETnow event here.

India wants more FDI from US for aviation sector: Ajit Singh

Last Updated: Wednesday, October 30, 2013, 22:57

Asserting that India has taken significant steps in making air travel affordable, Civil Aviation Minister Ajit Singh on Wednesday called for more foreign direct investment from America in the country which now offers immense business opportunities.

SpiceJet shares surge over 3% amid stake sale reports

Last Updated: Friday, October 18, 2013, 17:46

Shares of SpiceJet on Friday rose by over 3 percent on BSE amid media reports that the airline is in stake sale talks with a foreign carrier.

'FDI won't come to Indian aviation till high costs prevail'

Last Updated: Tuesday, December 25, 2012, 13:44

Foreign airlines would not pick up stake in cash-strapped Indian carriers till steps are taken to stem the high costs of aviation operations in India, IATA chief Tony Tyler has said.

Airline industry expecting positive response: Ajit Singh

Last Updated: Friday, September 21, 2012, 14:50

A day after notifying a policy measure to allow foreign airlines pick up 49 percent stake in Indian carriers, the government on Friday said the aviation industry was in an upbeat mood as it was expecting a positive response to the move.

Aviation stocks fly high as govt notified FDI norms

Last Updated: Friday, September 21, 2012, 12:44

Shares of aviation companies on Friday gained up to 6 percent after the government implemented the decision to liberalise foreign investment in the sector.

Airline shares up on hopes of FDI by foreign carriers

Last Updated: Wednesday, January 18, 2012, 10:11

Shares of Indian carriers surged in early trades on Wednesday, after the aviation ministry said it would recommend that the government allow foreign airlines to buy stakes of up to 49 percent in Indian airlines.