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India may allow 100% FDI in aviation by February 2020
2 Jan 2020 10:34 AM GMTJanuary 2, 2020: Finance Minister Nirmala Sitharaman may raise the 49 percent foreign direct investment cap in the country’s aviation industry to 100...
'Flipkart Farmermart’ to sell groceries soon
16 Oct 2019 12:41 PM GMTOctober 16, 2019: E-commerce giant Flipkart is venturing into the retail business of grocery with the newly registered ‘Flipkart Farmermart’.
FROM MAGAZINE: Building port infrastructure to boost Indian exports
16 July 2018 11:17 AM GMTWith the recent relaxation on cabotage laws for foreign vessels, there could be an increased utilisation of Indian ports as transshipment hubs,...
Government to ensure AI's control stays with domestic partners
16 Jan 2018 11:21 AM GMTJanuary 16, 2018: In order to ensure that the ownership and effective management control of Air India stays with an Indian entity, the government is l
Government allows foreign airlines to invest up to 49% in Air India
12 Jan 2018 12:53 PM GMTJanuary 11, 2018: The Union cabinet has liberalised and simplified the Foreign Direct Investment (FDI) regime, allowing foreign airlines to invest up