India has approved a long-pending policy reform allowing foreign airlines to buy stakes of up to 49% in the country’s local carriers. Though Foreign Direct Investment (FDI) was previously allowed in the aviation sector, foreign airlines were prohibited from investing in Indian carriers, says Civil Aviation Minister Ajit Singh.
New Delhi – The Indian Space Research Organization will launch the communication satellite GSAT 10 from French Guiana on Sept. 22, the ISRO’s 101st mission. “We are going to French Guiana for the launch because the satellite weighs nearly 3.5 tons, which cannot be lifted by any of our vehicles – PSLV or GSLV,” ISRO Chairman K. Radhakrishnan says.
