Currently, FDI in Air India is capped at 49 per cent through the government approval route while 100 per cent FDI is permitted in scheduled...

As per the PIM, a bidder may also "qualify on the basis of net worth of its affiliate, provided such IB (Interested Bidder) itself has a po...

The government invited bids for a 100% stake in Air India, aiming to finalise a sale of the loss making national carrier by the end of Marc...

A relaxation would have meant that a foreign airline, along with an investment authority from its country of origin, could buy 100% in the ...

Under the SOEC clause, an airline must have its operational base in India and twothirds of its board members need to be Indian along with t...

The government recently restarted the process to sell Air India after putting it on hold last year due to poor response.

FM announced today that the govt may relax FDI norms for sectors like Aviation, Media and Single-brand retail.

While GoAir has not partnered with any full service international airline yet, IndiGo has recently got into a codeshare partnership with Tu...

Goyal is also in talks with Abu Dhabi’s Etihad to get the latter to raise its stake in Jet from 24% to anywhere up to 49%.

The 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...

The 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...

By India permitting 100 per cent FDI in scheduled airlines, the Indian government will have no visibility on where control lies, said FIA.

Qatar Airways, which had announced its plans to set up an airline in India along with the Gulf nation's sovereign wealth fund over two mont...

AOP or flying licence is granted to a company only if its chairman and two-third Directors are Indian citizens and its substantial ownershi...

CMD Ajay Singh said that any increase in fuel prices, airport fee or levying of transaction charges only enhances an airline's cost.

Under the current norms, AOP is granted to a company only if its chairman and two-third Directors are Indian citizens and its substantial o...

Ashok Gajapathi Raju's remarks also come at a time when his Ministry is in advanced stages of finalising the new civil aviation policy.