 "Air India, aircraft, flights")
New Budget rules on holding firms queer pitch for sovereign, pension funds
The Union Budget 2021-22 has made it easier for sovereign wealth funds and pension funds to invest in Indian infrastructure projects, but some of the new rules may need more clarity, experts said. The proposed regime requiring investments through holding companies may have adverse tax implications for such funds and may create an arbitrage between the new and old projects, they said. Read more
Air India privatisation: Pawan Ruia takes a shot at aviation with EoI
In a surprise development, Kolkata-based businessman Pawan
