text: Govt hikes FDI cap in aviation to 49 The United Progressive Alliance (UPA) today approved the proposal to hike foreign direct investment (FDI) limit in civil aviation sector from 40 to 49 per cent but barred foreign airlines from holding stakes.
inputs: Govt hikes FDI cap in aviation to 49 The United Progressive Alliance (UPA) today approved the proposal to hike foreign direct investment (FDI) limit in civil aviation sector from 40 to 49 per cent but barred foreign airlines from holding stakes.