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Amber Group eyes $2 billion revenue milestone soon; invests Rs 6,750 crore in UP projectsAmber Group is poised to reach USD 2 billion in revenue soon, fueled by robust growth in its consumer durables, electronics, and railway/de...
'Our India policy starts with a clean slate and shared economic goals'Nepal's Foreign Minister Shishir Khanal is visiting India to foster stronger ties. The new Nepali government prioritizes good governance an...
Corporate India gets a call of duty and it's raring to goIn a dynamic shift, India's defence industry is witnessing a groundbreaking transformation where private corporations are spearheading pivo...
"A dream come true": Indian diaspora rolls out grand welcome for PM Modi in Gothenburg ahead of Sweden visitPrime Minister Narendra Modi has arrived in Gothenburg, Sweden. He is on a two-day official visit. The visit aims to strengthen bilateral r...
Gujarat: VGRC to open new doors of opportunities in Surat's textile sectorThe Vibrant Gujarat Regional Conference will accelerate industrial growth in South Gujarat. This event aims to attract investments, connect...
ET Awards: Come to Andhra to witness first-hand how the reforms are working, Chandrababu Naidu saysAndhra Pradesh Chief Minister N Chandrababu Naidu urged the corporate sector to invest and provide feedback on state reforms, highlighting ...
RBI's state of economy report flags upside risks to inflation due to supply shock and weather uncertaintiesThe Reserve Bank of India's report highlights that disruptions in the Strait of Hormuz and domestic weather issues are increasing inflation...
India's 30-year economic model is over; time to pivot from IT to manufacturing: Saurabh MukherjeaSaurabh Mukherjea believes India's long-standing economic model is concluding. He anticipates rising inflation and a weakening rupee impact...
Govt notifies changes in FDI norms allowing NRIs to acquire up to 100% in Air IndiaAs per the notification, foreign investments in Air India, including that of foreign airlines shall not exceed 49% either directly or indir...
Govt permits NRIs to own up to 100% stake in Air IndiaThe government allows 100 per cent FDI in scheduled airlines based on certain conditions.
Government working on proposal to allow 100 pc FDI in Air IndiaCurrently, FDI in Air India is capped at 49 per cent through the government approval route while 100 per cent FDI is permitted in scheduled...
DIPP notifies FDI relaxation in several sectorsOn January 10, in big bang reforms ahead of the BJP govt's last full Budget, the Cabinet had allowed 100% FDI in single brand retail and co...
Cabinet approves 49% foreign investment in Air India under approval routeThe earlier FDI policy allowed foreign carriers to own 49 per cent in Indian carriers but had kept Air India out of it, which has been amen...
Centre relaxes FDI norms in airlines, retail, constructionThe government said that the decision would help provide ease of doing business and also lead to larger FDI inflows contributing to growth ...
Government may lift bar on foreign airlines to invest in Air IndiaAir India had net debt of 520 billion rupees as of end-March 2017. The figure includes working capital and other debt of 320 billion rupees...
Indian mindset for ownership of Air India; in theory all open: Ashok Gajapathi RajuThe current FDI policy does not permit foreign airlines to invest in Air India whereas they are allowed up to 49 per cent stake in domestic...
India worst performing domestic air travel market globally: IATAFrom being the fastest growing aviation market in the world, India is now the "worst performing" domestic air traffic country globally
FDI not allowed in Air India: Ajit SinghThe govt has hinted that FDI will not be applicable to the national carrier since the govt had already helped bail them out, said Ajit Sing...
- Government looking at FDI by foreign airlines in Indian carriers
The government is looking at allowing foreign airlines to invest in domestic carriers but there would be no change in FDI cap of 49 per cen...
- Govt may allow 49% FDI by foreign airlines this week
After 16 years, the government is set to again allow foreign airlines to take stakes in Indian carriers later this week.