India's Trade Minister Anand Sharma (R) guides Singapore Airlines Ltd (SIA) Chief Executive Officer Goh Choon Phong as Tata Group Chairman Emeritus Ratan Tata (C) before their meeting in New Delhi ... more 
India's Trade Minister Anand Sharma (R) guides Singapore Airlines Ltd (SIA) Chief Executive Officer Goh Choon Phong as Tata Group Chairman Emeritus Ratan Tata (C) before their meeting in New Delhi October 25, 2013. Singapore Airlines has won the Foreign Investment Promotion Board's approval to set up a full-service airline in the country in a joint venture with the Tata conglomerate, a senior finance ministry official said. SIA will make an initial investment of $49 million for a 49 percent stake in the joint-venture company, while the Tata Group will initially invest $51 million for the remaining stake, the companies have said. REUTERS/Stringer (INDIA - Tags: TRANSPORT POLITICS BUSINESS) less 
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Reuters | Photo By STRINGER/INDIA / REUTERS
Fri, Oct 25, 2013 5:24 AM EDT