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Top headlines: Govt likely to keep LIC stake; airfare cap in the works

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Top headlines

BS Web Team New Delhi
India’s government is in talks with airlines to remove a cap on passenger fares. The Centre is unlikely to reduce its shareholding in Life Insurance Corporation for at least two years after the company releases its IPO. More on those stories in our top headlines.

Govt, airlines start discussions to remove cap on passenger fares
 
The government has started discussions with airlines about the removal of price bands for passenger fares. The talks have started after some airlines renewed their demand to remove the pricing caps, claiming the regulation is a hurdle to the full-fledged recovery in domestic air