Widening CAD & sluggish growth are still risks for India: Fitch Ratings
More measures may need to be introduced. We still stick to our previous assessment of the negative outlook, says Art Woo, Fitch Ratings. Union Cabinet to take call on Rs 11,200-cr Vodafone tax dispute: Chidambaram
Vodafone, which is facing a tax liability for purchase of Hutchison Whampoa's stake in its Indian telecom biz, had written to Finance Ministry seeking settlement. AirAsia applies for Indian airline JV with Tata Sons and Telestra Tradeplace
The JV has already sought FIPB approval. Air Asia will have 49% in the JV while the Tata Group and Hindustan Aviation will have residual 51%.
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