Key FIPB meeting on Tata-SIA JV deferred to 24 Oct
19 Oct 2013 3:50 AM IST
A meeting of the FIPB to consider the Tata-Singapore Airlines proposal to start a full-service airline has been postponed to next week.
'...due to some unavoidable circumstances, the 197th meeting of the Foreign Investment Promotion Board (FIPB) scheduled to be held on Friday (18 October) has been postponed and will now be held on 24 October,' the Finance Ministry said.
Besides the Singapore Airlines' proposal for the tie-up with the Tatas, the FIPB headed by Economic Affairs secretary Arvind Mayaram was to take up 29 other foreign investment applications. All the proposals on the agenda will now be considered
on 24 October.
'...due to some unavoidable circumstances, the 197th meeting of the Foreign Investment Promotion Board (FIPB) scheduled to be held on Friday (18 October) has been postponed and will now be held on 24 October,' the Finance Ministry said.
Besides the Singapore Airlines' proposal for the tie-up with the Tatas, the FIPB headed by Economic Affairs secretary Arvind Mayaram was to take up 29 other foreign investment applications. All the proposals on the agenda will now be considered
on 24 October.
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