India Gives Nod to 49 percent Foreign Ownership of Air India
Lifts foreign ownership prohibition in an effort to resurrect fortunes of ailing flag carrier
The Indian government hopes direct foreign investment in Air India will help lift the sagging fortunes of the ailing airline. (Photo: Neelam Mathews)
The Indian government hopes direct foreign investment in Air India will help lift the sagging fortunes of the ailing airline. (Photo: Neelam Mathews)