AVIATION FDI

  • Is Manmohan Singh and UPA2 in a do or die mode? September 14, 2012

    The government clears a slew of major pending reform proposals, including the politically contentious 51 per cent FDI in multibrand retail. ...
  • FDI in retail: 30 pc sourcing rule changed September 14, 2012

    New Delhi: The Manmohan Singh Administration has made a crucial change in a key requirement for allowing a foreign company to start a fullyowned singlebrand retail business in India. When the government had cleared 100 per cent Foreign Direct Investment (FDI) in singlebrand retail earlier, it had stipulated that 30...
  • UPA plays big bang reform card, TMC, Oppn fume September 14, 2012

    New Delhi: In the boldest decision taken by Prime Minister Manmohan Singh in UPAII, the government has bet big on crucial reforms that are bound to bring a big cheer from industry. However, the move has also put the government in troubled water politically with the Opposition and some key...
  • FDI in retail: the choice lies with state govts September 14, 2012

    New Delhi: The Government's decision on Friday to allow up to 51 per cent foreign direct investment in multibrand retail comes with a clever move to diffuse potential opposition from UPA allies. The new policy clearly says that each state government has the right to decide whether to implement the...
  • FDI decisions to boost growth, generate employment: PM September 14, 2012

    New Delhi: Prime Minister Manmohan Singh on Friday justified the decisions on allowing FDI in multibrand retail and some other areas, saying these were aimed at pushing economic growth and generating employment in "difficult times". He said the steps had been taken in national interest and sought support of all segments...
  • Full text: Govt approves FDI in multibrand retail September 14, 2012

    New Delhi: In a big bang economic push, the government on Thursday approved 51 per cent foreign direct investment (FDI) in multibrand retail. The government, however, left the option on the states to invite multibrand retails. Here is the full text of the decision taken by the government at the Cabinet...
  • FDI in aviation, multibrand retail approved September 14, 2012

    New Delhi: In a major decision signalling the end of policy paralysis in the UPA government, the Cabinet Committee of Economic Affairs (CCEA) on Thursday accepted 51 per cent foreign direct investment (FDI) in multibrand retail. The government has, however, left the option to invite multibrand retail on the states. There is...
  • Centre likely to allow FDI in aviation: Sources September 14, 2012

    New Delhi: Notwithstanding resistance by allies, the Centre is likely to allow investment by foreign airlines in Indian aviation industry which could benefit troubled companies like Kingfisher, Spicejet and Go Air. Gulfbased carriers like Emirates could be the first foreign airlines to enter the Indian aviation sector. Sources say...
  • Govt may move ahead with FDI in aviation today September 14, 2012

    New Delhi: After months of dithering, the government could finally clear Foreign Direct Investment (FDI) in aviation when the Cabinet committee on economic affairs meets on Friday. Aviation sector in India has not being doing well. Several airlines like the Vijay Mallyaowned Kingfisher Airlines are struggling but that doesn't mean...
  • Ajit discusses FDI in aviation with PM, Pranab April 19, 2012

    New Delhi: Union Civil Aviation Minister Ajit Singh on Thursday met Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee to discuss foreign direct investment (FDI) in aviation sector. According to sources, the government is likely to bring the issue of FDI in aviation to the Union Cabinet by the end...
  • Air India to get Rs 30,000 cr; 27 Dreamliner jets April 12, 2012

    New Delhi: Air India would get additional fund of Rs 30,000 crore from the Central Government to turn around the airline's fortunes following the Cabinet approving a financial restructuring plan for the company. Civil Aviation Minister Ajit Singh said that the aviation industry was in trouble in India and after...