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Foreign airlines on 'wait-and-watch' mode on aviation FDI

Last Updated: Sunday, September 23, 2012, 11:03

Major foreign airlines seem to have adopted a wait-and-watch approach over the government's decision to allow them to pick up 49 percent stake in Indian carriers, even though the government says the mood in the industry was upbeat.

RBI notifies government's decision on FDI

Last Updated: Friday, September 21, 2012, 22:04

The Reserve Bank Friday notified the government's decision to allow FDI in multi-brand retail, civil aviation, broadcasting and power exchanges.

FDI decisions to boost growth, generate employment: PM

Last Updated: Friday, September 14, 2012, 20:48

Prime Minister Manmohan Singh on Friday justified the decisions on allowing FDI in multi-brand retail and some other areas, saying these were aimed at pushing economic growth and generating employment in "difficult times".

Major decisions to dispel policy paralysis notion: India Inc

Last Updated: Friday, September 14, 2012, 20:48

India Inc Friday said major announcements made by government, including operationalisation of 51 percent FDI in multi-brand retail, are huge "mood lifters", besides dispelling the impression of any policy paralysis in the government.

49% FDI in civil aviation allowed; industry welcomes

Last Updated: Friday, September 14, 2012, 08:45

Foreign airlines can now pick up 49 percent stake in India's domestic carriers, a step that is expected to give a boost to cash-strapped aviation industry.

Government to decide on FDI in aviation Friday

Last Updated: Thursday, September 13, 2012, 14:23

The government is expected to take a decision on Friday on the issue of allowing foreign airlines to buy up to 49 percent stake in cash-starved Indian carriers.