the policy, they can make the changes also, if reqd. for the moment, the govt appears to have made up its mind on allowing FDI in new airlines. if AirAsia is to be denied, the Singapore Airlines too would have to be denied. i don`t think the govt has the guts to do that, fearing for the country`s image
10.12 PM Mar 7th
If Delhi High Court strikes down AirAsia India deal, then SpiceJet stock price will sky rocket. But, the chances are remote the court will cancel the deal. If the court approves the deal, SpiceJet stock price will reach rock-bottom levels (low single digit level). Who knows, anything is possible.
12.30 PM Mar 7th
The only short-term hope for SpiceJet investors could be the Delhi High Court decision on AirAsia India deal. But, that decision will also not come that soon. The court will hear all the concerned parties on 12 March 2014 and it is not sure again of when the decision will come out. May be a month
11.16 AM Mar 7th
The Delhi High Court today sought responses of the Centre and AirAsia India on a plea by Federation of Indian Airlines (FIA) opposing the go-ahead given to the airline to begin its flight operations in country. A bench of Acting Chief Justice B D Ahmed and Justice S Mridul also issued notice
4.23 PM Mar 5th
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