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Results: 1-9 of 9

Director General of Civil Aviation issues guidelines for foreign direct investment in the civil aviation sector

  • Verus
  • -
  • India
  • -
  • March 10 2013

The Department of Industrial Policy and Promotion (DIPP), vide a press note issued in September 2012, revised the policy Foreign Direct Investment

India opens door to foreign investment in domestic carriers

  • Stephenson Harwood LLP
  • -
  • India
  • -
  • November 20 2012

On 20 September 2012, the Indian Government announced a change to its foreign investment policy, which will allow foreign airlines to take a stake of up to 49 in any of its domestic carriers

Indian Government liberalizes the aviation, broadcasting and power sectors

  • Gibson Dunn & Crutcher LLP
  • -
  • India
  • -
  • October 1 2012

The Government of India ("Indian Government") has approved a number of significant amendments to India's foreign direct investment ("FDI") policy in a variety of sectors including aviation, broadcasting, power and retail

A new season of investment in India: FDI in multi brand retail, aviation, power & broadcasting sectors

  • Singh & Associates
  • -
  • India
  • -
  • September 29 2012

While this edition was in print, the Department of Industrial Policy & Promotion vide Press Notes No.5 (2012 Series), No.6 (2012 Series), No.7 (2012 Series) & No.8 (2012 Series) has issued the guidelines and permitted the FDI in Multi Brand Retail Trading Sector, Aviation Sector, Broadcasting and Power Sector respectively

Foreign airlines permitted to hold equity stakes in Indian carriers

  • Pillsbury Winthrop Shaw Pittman LLP
  • -
  • India
  • -
  • September 27 2012

On September 20, 2012, the Government of India notified the public that it has undertaken a series of reforms relating to foreign investments in the country, including allowing foreign airlines to hold up to 49 percent foreign direct investment ("FDI") in Indian airlines

Foreign airlines allowed to invest in Indian civil aviation sector

  • Clifford Chance LLP
  • -
  • India
  • -
  • September 25 2012

On 20 September 2012, the Government of India amended its foreign investment policy permitting foreign direct investment in civil aviation sector up to 49 under the Government Route

Aviation corruption

  • Squire Sanders
  • -
  • India
  • -
  • August 9 2012

The aviation industry appears to be particularly prone to bribery and corruption which can be a typical characteristic of an industry that is subject to multiple layers of regulation

Updates on India’s Foreign Direct Investment Policy

  • Pepper Hamilton LLP
  • -
  • India, USA
  • -
  • July 26 2012

Recent developments to India's Consolidated Foreign Direct Investment Policy (FDI) bear good news for investors in India's capital markets and other sectors

Corruption digest

  • Dorsey & Whitney LLP
  • -
  • India, USA
  • -
  • February 20 2012

A Canadian media report has alleged that in 2007, minister for heavy industry, Mr Praful Patel, accepted $250,000 from an Indian-born Canadian citizen, Mr Nazir Karigar, during his tenure as civil aviation minister, to try and secure a $100 million contract for a facial-recognition system for Air India