The 49% limit on foreign ownership in JV fund management companies should be raised and foreign majority ownership should be allowed.

在合资的基金管理企业中外国股份只能占49%的限制需要提高，并且允许外资可以占有大多数股份。

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The deal was made possible when the Indian government allowed for foreign ownership of local airlines this year for the first time.

FORBES: Etihad Airways First To Take Advantage Of India's Newly Opened Airline Market

At present the state banks are subject to a 49% ceiling on private ownership (with no more than 20% allowed to be in foreign hands).

ECONOMIST: Indian banks