India’s Foreign Investment Promotion Board (FIPB) has allowed Singapore Airlines (SIA) to establish a full-service airline in the country in partnership with the Tata Group, but the joint venture airline will need several other regulatory approvals before it can start operations. “The Tata-SIA proposal has been cleared,” said Economic Affairs Secretary Arvind Mayaram after a meeting of the FIPB, a panel of bureaucrats who examine various aspects of foreign investments. The government has ...

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