text: India snub for foreign airlines NEW DELHI: The Indian government increased the foreign direct investment (FDI) cap yesterday in domestic airlines from 40 to 49 per cent but kept a ban on foreign carriers taking stakes.
inputs: India snub for foreign airlines NEW DELHI: The Indian government increased the foreign direct investment (FDI) cap yesterday in domestic airlines from 40 to 49 per cent but kept a ban on foreign carriers taking stakes.