Sebi’s move has only cleared a contentious point and nothing changes on the ground
The Cabinet approved the India-UAE Aviation Bilateral Pact. The bilateral pact would primarily help Etihad since they would get access to one of the largest and fastest growing aviation markets in the world, says Kapil Kaul, CEO - India & ME, CAPA.
The Etihad board met today in Abu Dhabi to discuss its India investment plans, funding options and other acquisition targets. However, the meeting was inconclusive, reports CNBC-TV18‘s Kritika Saxena quoting sources.