Yes.As expected, in principle sanction has been granted.Because the parties involved in the formation of the new company have adequate experience and are of repute the permission to start the operations will be granted without any hesitation.
one side there kingfisher story....other side new jv...complicated.........i would say if they go with metro project whith dilli mumbai ,,, dilli patna ,,,, mumbai banglore electric metro line on 120 km avrage project ...the profit more .....
Reposted about 78 days 13 hrs 15 min 14 sec ago by gem23
do not understand what are the babu`s upto? they just want to kill any investment into India, its absolutely ridicolous not to allow Air Asia to fly under the guise of this absurd interpretation. Clearly none of the babus care about the customer who is fleeced again and again by likes of Jet by charging one way Mumbai-Delhi econoly ticket for more than 30000/- at times. they do not care as their ticket is paid by our (tax payers) money
As TATAS do not bribe high-ups, some more hinderance may be there. Last time also Tatas tried to enter the domestic aviation sector in colloboration with Singapore Airlines, but were not successful, lets see what happens this time?
The Canadian Central Bank decided to keep its interest rates unchanged at 1% today resulting in the CAD slipping to 8 month lows against the greenback. In a statement the chairman quoted there was no urgency of tightening monetary policy indicating the rate to be kept unchanged in the near future. Analysts on the other hand said the move was as expected but maintained that raising rates wasnt completely disbanded by the central bank and it is still biased towards a tighter policy.
the airlines industry is ailing because of abnormal fixed cost of airports.if we can have economy class airports this can do well.for infstructure development good sense will pervail upon the govt. and green signal will be given