Tata-Singapore tie-up seen reaffirming India aviation potential

Saturday, 21 September 2013 - 12:31

Tata-Singapore+tie-up+seen+reaffirming+India+aviation+potential

Analysts say that a new Indian airline planned by the giant Tata Group and Singapore Airlines reaffirms the nations long-term potential as an aviation market, despite the sectors current financial turbulence.

 

Tata Sons, the holding company of tea-to-software conglomerate Tata Group, and SIA said this week they were setting up a full-service airline after two failed joint bids to take to Indian skies.

 

Reports state that this investment affirms Indias reputation as a lucrative aviation market in the long-run.



Rupee strengthens while the stock market record a drop in prices
Monday, 13 July 2020 - 21:38

The rupee was still stable against the dollar today, while the stock market price index dropped. The selling price of a US dollar was 188 rupees and 10... Read More

Central Bank approved more than Rs. 60 billion working capital loans to COVID-19 affected businesses
Friday, 10 July 2020 - 23:10

The Central Bank of Sri Lanka (CBSL) approved 22,306 loans amounting to Rs. 60,250 million under the Saubagya COVID-19 renaissance facility as of 10th... Read More

Foreign reserves increase to US $ 6.7 billion
Friday, 10 July 2020 - 9:06

The Central Bank states that the country's foreign reserves have recovered in June.Foreign reserves rose to $ 6.7 billion in June from $ 6.49 billion in... Read More