New Delhi: AirAsia Bhd's planned joint venture in India with Tata Sons could face some procedural problems, Aviation Minister Ajit Singh said on Wednesday, without elaborating. However, Singh said he does not see any other major hurdles for the venture in India.
India's Foreign Investment Promotion Board is scheduled to meet later on Wednesday to consider the proposal, he said.
Malaysia's AirAsia, the largest budget carrier in Asia, plans to launch a regional airline in India in a venture with the Tata group. The new airline, AirAsia India, will be managed by the Malaysian company and based in the southern city of Chennai.
AirAsia, the largest budget carrier in Asia, plans to launch a regional airline in India in a JV with Tata group.
(For updates you can share with your friends, follow IBNLive on Facebook, Twitter, Google+ and Pinterest)
Time to introduce checks and balances in IPL: Sports Minister
No one in the Indian cricket team is honest: ex-betting king
Sreesanth owns a company to run 'betting houses'
Chandila tried to spot-fix Rajasthan's May 17 match: Sources
Chaudhary Ajit Singh is an Indian politician and a prominent Jat leader from Western Uttar Pradesh. He was appointed as civil aviation minister of India on 18 December 2011, soon after his party RLD, with five members in the Lok Sabha, formall ...
Live: Income Tax department begins probe into IPL spot-fixing case
Live Blog: Hyderabad rebuild after losing early wickets
No one in the Indian cricket team is honest: ex-betting king
Sreesanth owns a company to run 'betting houses'
