Virgin Atlantic President Richard Branson, announcing the resumption of London-Mumbai flights after a three-year hiatus, says he is open to investment opportunities in Indian carriers. “Now foreign companies have been allowed to pick up 49%, so we are keeping our eyes open. It’s a brave battle going on in the Indian aviation space now. Everybody is bleeding. There will be a right time, and we will watch,” Branson says. In September, India approved a long-pending policy reform ...

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