FIPB meet on Tata-SIA airline proposal postponed to October 24
Singapore Airlines plans to invest $49 million in the proposed venture with Tata Sons
A meeting of the FIPB to consider the Tata-Singapore Airlines proposal to start a full-service airline has been postponed to next week.
"Due to some unavoidable circumstances, the 197th meeting of the Foreign Investment Promotion Board (FIPB) scheduled to be held on Friday (October 18) has been postponed and will now be held on Thursday, October 24," the Finance Ministry said.