Fdi In Aviation

In his Budget Speech, Finance Minister Arun Jaitley said the government's substantive measures with regard to Foreign Direct Investment had seen more than 90% of FDI proposals come through the automatic route.

Govt trains its guns on ease of doing biz with FDI breather

The govt's move enforce a highly liberalised FDI regime is likely to soothe the nerves of investors who have been stirred by RBI Governor Raghuram Rajan's latest salvo. It also aims provide impetus to job creation and employment opportunities.

Discounted seats would have gone unsold: Sun Group

Sun Group CFO SL Narayanan says the low-cost airline is not reducing its effective revenue per seat kilometer. The inventory that is being put out for sale is highly controlled.

Why Jet-Etihad delay will not hamper FDI in other airlines

Also, this is the first FDI deal in aviation space and has its own complexities. Other foreign carriers may switch gears after they find Indian government committed to attract foreign investors, they say.

Jet Air up 14%, Hong Kong firm picks sizeable shares

Shares of Jet Airways rallied around 14% to Rs 495.10 on reports that a Hong Kong-based brokerage & investment company has turned buyer in the counter.

Indian aviation sector capable of growing by 130%: Bird Grp

Bird Group today said the Indian aviation sector can achieve growth of up to 130 per cent with the relaxation of FDI norms but the step should have been taken much earlier.

UB to invest heavily in capex: Vijay Mallya

United Breweries Ltd‘s will invest heavily in capex, said chairman Vijay Mallya on the sidelines of the annual general meeting of the company.

FDI will not lift KFA; Middle-East, SE Asia are keen:CAPA

Kapil Kaul, CEO, South Asia, CAPA (Centre for Asia Pacific Aviation) explains to CNBC-TV18 that the allowing of FDI in the aviation does not come as blessing for Kingfisher Airlines as overseas investors will not be interest until the promoters invest USD 300-400 million.

Are foreign airlines willing to invest in Indian carriers?

The much-awaited nod for allowing foreign direct investment (FDI) in the Indian aviation sector has come through. Indian carriers like Kingfisher Airlines, SpiceJet and Jet Airways have been telling the media from time to time that they are independently in talks with foreign carriers for a probable stake sale if FDI is allowed in the sector.

Full text: FDI in multi-brand retail

In a big bang economic push, the government on Thursday approved 51% foreign direct investment (FDI) in multi-brand retail. The government, however, left the option on the states to invite multi-brand retails.

Crucial week for FDI decisions: Sources

Sources exclusively told CNBC-TV18 that the government may announce some key FDI decisions during this week. A final call on FDI decisions will be taken after commerce minister Anand Sharma returns on September 12. However, there has been no decision yet on modifying the FDI cap on multi-brand retail.

Don't trust reports; Bet on Jet, SKS, Apollo Tyres: Tulsian

SP Tulsian of sptulsian.com explains to CNBC-TV18 that most of the reports submitted by investment bankers or global broking houses are not credible and advises investors to bet on Jet, SKS Micro and Apollo Tyres.

SpiceJet is open to strategic tie-ups, says CEO

Low fare carrier SpiceJet says it has previously had discussion with potential investors and the company will proceed with discussions once the foreign direct investment (FDI)proposal is okayed by the government.

Retail, aviation FDI dream still on: Anand Sharma

The government is trying to push through FDI reforms in the retail and aviation space. In an interview with CNBC-TV18, Commerce Minister, Anand Sharma, said the issue of FDI in civil aviation is under consideration.

Govt to soften allies on FDI in retail, aviation: Sources

CNBC-TV18‘s Rituparna Bhuyan reports, quoting sources, that the government plans to implement measures on the FDI in retail and aviation and is to start parleys with its allies to push both proposals.

Ajit Singh hints at FDI in aviation

The beleagured aviation space might finally gear up for some action. Civil aviation minister Ajit Singh said that the government will soon start talks with allies to reach a consensus on the crucial issue of Foreign Direct Investment (FDI) in aviation.

Cabinet note moved on FDI in aviation

Prime Minister Manmohan Singh is likely to consult senior ministers to build a consensus on the contentious issue of FDI in aviation, sources said.

FDI in aviation to benefit SpiceJet most: Angel Broking

According to Sharan Lillaney of Angel Broking, SpiceJet will be most positively benefitted from foreign direct investment in the aviation space.

Budget 2012: CII's Muthuraman expects a strong, pro-reform Budget

President of the Competition Commission of India B Muthuraman hopes that the government will today announce a strong, pro-reform Budget.

Rally has led to confidence; neutral on India: Mirae Assets

Rahul Chadha of Mirae Asset Global Investments spoke to CNBC-TV18 about his expectations of the market. Checkout his comments.

FDI in aviation: Win-win for govt, cos & consumers: Experts

CNBC-TV18 catches up with GR Gopinath, managing director of Deccan Charter and Giorgio De Roni, chief executive officer of Go-Air to get a low-down of their expectations from the cabinet meet on FDI in aviation.

FDI in aviation being blocked by few lobbyists: Deccan 360

Deccan 360's founder chairman and managing director Captain GR Gopinath says lobbying is hurting the aviation sector which he believes requires privatisation and not cartelisation.

See 5-10% downside, winter session next trigger: RBS

Nifty has fallen below the psychological 5000 mark. How is it looking going ahead? Devesh Kumar, head of equities, RBS India says that that near-term, the markets are likely to continue being range-bound. "There is no conviction, neither on the upside, nor the downside for now,” he says.