The differences within India's largest airline have been brewing from the past one year but they took a nasty turn after promoter Rakesh Gangwal has reached out to market regulator Sebi to intervene and settle the matter.
In her budget speech, Sitharaman invited suggestions for further opening up of FDI; entering into aircraft financing, adopting suitable policy interventions for providing an enabling ecosystem for maintenance, repair, and overhaul of aircraft; and re-initiating disinvestment of Air India.
The case against Jay Panda is most likely to die a natural death. The Odisha government, however, would be happy that the limited purpose for which it was lodged in the first place has already been fulfilled.
Uttar Pradesh government will be acquiring 1337 hectares of land for the proposed Jewar international airport in Gautam Buddh Nagar district in the first phase of the project. A total of 5926 families will be affected.