FDI In Aviation

  • PMO clarifies no divide within government over Jet-Etihad alliance July 2, 2013

    The PMO clarified that there is no divide within the govt over the Jet-Etihad alliance, as the fate of the deal touted to be the biggest FDI deal in civil aviation, remains uncertain. ...
  • Ministries to sort out issues over AirAsia venture: Montek March 11, 2013

    New Delhi: Planning Commission Deputy Chairman Montek Singh Ahluwalia on Monday expressed hope that inter-ministerial differences would be sorted out paving the way for Tatas to set up airline company in collaboration with Malaysian budget carrier AirAsia. "I don't know what the detailed differences are. I am sure they will be...
  • India open to tweaking FDI in aviation policy: Govt source November 15, 2012

    New Delhi: India is open to further reforms to lure overseas investors into its airlines, a government source said, after a dearth of interest following changes to investment rules left Kingfisher and others still short of much-needed funds. The aviation ministry will meet local carriers soon to ask what changes were...
  • US welcomes Indian government's decision on FDI in retail September 27, 2012

    New York: The US has reacted positively to Prime Minister Manmohan Singh's big bang reforms. Speaking to CNN-IBN, Robert Blake, US Assistant Secretary for South and Central Asian Affairs, said the US welcomes the move. "The undersecretary for Economic and Business Affairs gave a speech this week welcoming the steps taken...
  • Govt must now think of banking reforms: Chief Economic Advisor September 26, 2012

    Chief Economic Advisor Raghuram Rajan says after the controversial FDI decisions, the government must now focus on banking reforms. ...
  • PM must not wait for legislation for reforms: Shourie September 24, 2012

    Bharatiya Janata Party leader Arun Shourie has supported Prime Minister Manmohan Singh's decision of the diesel price hike and stays neutral on FDI in aviation and retail. Speaking to IBN18 Editor-in-Chief Rajdeep Sardesai, Shourie also said that Prime Minister should go ahead with more reforms and take decision without waiting...
  • No plans to enter Indian aviation: Intl airlines September 23, 2012

    New Delhi: Major foreign airlines seem to have adopted a wait-and-watch approach over the government's decision to allow them to pick up 49 per cent stake in Indian carriers, even though the government says the mood in the industry was upbeat. Air India has been kept out of the ambit of...
  • 'US stands with India as it undertakes difficult reforms' September 18, 2012

    Washington: The US will stand with India as a partner as it undertakes "difficult but necessary" reforms, a top White House official said on Tuesday. "We took note of these recent steps. As the President said, we continue to believe in the promise of India and we'll be there as a...
  • FDI in aviation: Former Air India chief questions govt motive September 17, 2012

    Reacting to the the Government's decision to introduce FDI in aviation, Air India's former executive director Jitendra Bhargava has said it needs to first address the concerns of the industry rather than worrying about profit. ...
  • Watch: PM Manmohan Singh unveils 12th Five Year Plan September 15, 2012

    Unveiling the 12th Five Year Plan on Saturday, Prime Minister Manmohan Singh defended the diesel price hike. ...
  • US media hails India's FDI liberalisation September 15, 2012

    New York: Leading US dailies have described India's decision to allow FDI in multi-brand retail and aviation as "biggest economic reforms" in two decades, while apprehending these proposals pose a "big political risk" for the Prime Minister Manmohan Singh-led UPA government. 'The New York Times' said Singh's Congress-led government is "under...
  • Govt bites the bullet on reforms, Oppn, allies fume September 15, 2012

    The government went into an overdrive on Friday clearing contentious issues like FDI in multi-brand retail and aviation in one go. ...
  • FDI in aviation: Mild response from foreign airlines September 15, 2012

    New Delhi: The decision to bring in FDI in aviation got a rather lukewarm response. While cash strapped Kingfisher airlines welcome it and their morale is up for now, several foreign players were more circumspect. But the big question who will invest in Indian carriers with struggling finances? Sources at Kingfisher...
  • India @ 9 with Rajdeep Sardesai September 14, 2012

    The UPA clears a slew of major pending reform proposals, including FDI in multi-brand retail, aviation, broadcasting and power exchanges. ...
  • Is Manmohan Singh and UPA-2 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 multi-brand retail. ...
  • News 360: Govt clears 51 pc FDI in multi-brand retail September 14, 2012

    The government cleared 51 per cent FDI in multi-brand retail, but left it to states to decide if they want to allow it. ...
  • 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 fully-owned single-brand retail business in India. When the government had cleared 100 per cent Foreign Direct Investment (FDI) in single-brand 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 UPA-II, 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 multi-brand 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 multi-brand 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...
  • FDI in multi-brand retail as Govt opts for major reforms September 14, 2012

    The Cabinet Committee of Economic Affairs (CCEA) on Thursday accepted 51 per cent foreign direct investment (FDI) in multi-brand retail. ...
  • Full text: Govt approves FDI in multi-brand 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 multi-brand retail. The government, however, left the option on the states to invite multi-brand retails. Here is the full text of the decision taken by the government at the Cabinet...
  • FDI in aviation, multi-brand 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 multi-brand retail. The government has, however, left the option to invite multi-brand 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. Gulf-based 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 Mallya-owned Kingfisher Airlines are struggling but that doesn't mean...
  • Govt to push for aviation FDI, Mamata on board September 13, 2012

    New Delhi: The government is getting ready to push for FDI in aviation with sources confirming that Trinamool Congress chief Mamata Banerjee has agreed to the proposal. Cabinet Committee on Economic Affairs is likely to discuss and clear FDI in aviation on Friday. The proposal will be sent to the Cabinet...
  • FDI in aviation hits a roadblock as TMC seeks talks August 23, 2012

    New Delhi: Congress ally, the Trinamool Congress, has yet again forced the ruling coalition to put another of its key economic proposal envisaging 49 per cent FDI in aviation on hold. Trinamool Congress Chief Mamata Banerjee on Wednesday sought more consultations on the proposed plans, giving a big jolt to the...
  • Mamata for all-party meet to break Coalgate impasse August 23, 2012

    New Delhi: As Parliament remained stalled on Wednesday for the second successive day on coal blocks allocation issue, key UPA ally and Trinamool Congress chief Mamata Banerjee suggested an all-party meeting to end the logjam. Making the suggestion at the UPA Coordination Committee meeting held here this evening, sources said, she...
  • Govt to push for FDI in retail, aviation May 24, 2012

    New Delhi: Having bitten the bullet on hiking fuel prices, the government is now looking at bringing reforms back on track. The government may bring Foreign Direct Investment (FDI) in multibrand retail and aviation soon. Commerce Minister Anand Sharma is likely to meet chief ministers of all states to address their...
  • 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...