What is the government proposing? How will it address conflict-of-interest concerns? How have airlines reacted?
It said, “Adani Enterprises is not evaluating any proposal to enter the airline business.”
It is a recipe for conflict of interest as well as squeezing other players; such a consolidation across the value chain not only kills competition but also results in fewer jobs, said an Air India official
The project will be developed in two phases, with an investment of approximately ₹66,000 crore in Phase I and ₹44,000 crore in Phase II
The shipping behemoth’s move is billed as the largest foreign private investment in domestic port infrastructure in India