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Govt may rule in favour of 49% FDI in non-existing airlines

A government note is in all probability going to reiterate that when the government hiked the foreign direct investment (FDI) cap in aviation to 49 percent, it was not just meant for existing carriers but other airlines as well, reports CNBC-TV18‘s Ronojoy Banerjee.

first published: Sep 27, 2013 10:32 pm

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