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Etihad, Qatar Airways eye stake in India’s SpiceJet

Etihad Airways and Qatar Airways are separately in talks with India's SpiceJet about buying a minority stake in the low-cost carrier, the Business-Standard has reported, citing sources familiar with the developments. The move comes amid expectations that the government would allow foreign airlines to invest directly in Indian carriers. India currently allows up to 49% foreign investment in Indian carriers, but foreign airlines are barred.