Airline shares rally on hopes for FDI measures
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Airline shares rally on hopes for FDI measures

New Delhi : India | Sep 11, 2012 at 10:55 PM PDT
Source: The Economic Times
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SpiceJet, Kingfisher Airlines and Jet Airways surged over 3 per cent each on Wednesday on reports the government will make one more attempt to allow foreign airlines to buy stake in India carriers. "The Union Cabinet could, as early as this week, take up a proposal to allow 49 per cent FDI by foreign carriers... FULL ARTICLE AT The Economic Times
 
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