Govt notifies changes in FDI norms allowing NRIs to acquire up to 100% in Air India

As per the notification, foreign investments in Air India, including that of foreign airlines shall not exceed 49% either directly or indirectly except in case of those NRIs, who are Indian nationals, where foreign investments is permitted up to 100% under automatic route.

from Economy-News-Economic Times https://ift.tt/302S1sa