FIPB Gives Nod to AirAsia-Tata Sons JV; Fernandes Selects CEO

The Foreign Investment Promotion Board (FIPB) on Wednesday approved the proposal filed Air Asia's investment arm AirAsia Investment seeking consent for the joint venture in the domestic airline sector with Tata Sons and private investor Arun Bhatia's Telstra Tradeplace. Mar 6, 2013