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Railways want 'sensitive' tag for installations12-NOV-09
The railway ministry has expressed its willingness to be included in a list of “sensitive” sectors that can receive foreign direct investment (FDI) after a closer look at security concerns.
FDI dips 54% to $1.16 bn in September04-NOV-09
India received 54 per cent less inflows of foreign direct investment (FDI) at $1.16 billion in September on a yearly basis after recording a growth in the previous two months.
Services sector most favourite among foreign investors25-SEP-09
India attracted $2.14 billion foreign direct investment (FDI) in the services in the first four months of the current fiscal, the highest among all sectors.
Update Fema for Press Notes 2&4, government tells RBI10-SEP-09
Ends ambiguities in Feb guidelines relaxing sectoral limits in FDI rules.
No more changes to Press Notes 2, 4: Finance ministry28-AUG-09
Eases regulatory hurdles for Bharti-MTN deal.
ADR, GDR shouldn't decide a bank's nationality: Kochhar27-AUG-09
ICICI Bank has asked the government not to take into account overseas securities such as American Depositary Receipt (ADR) and Global Depositary Receipt (GDR) while deciding on a bank’s nationality.
Food processing sector may fail to meet growth target26-AUG-09
The $70-billion food processing industry is unlikely to achieve the ambitious growth target of 20 per cent due to lack of awareness, inadequate infrastructure and use of outdated technology at farms.
Kakodkar rules out FDI in nuclear plants20-AUG-09
Chairman of the Atomic energy Commission (AEC) Anil Kakodkar has ruled out Foreign Direct Investment (FDI) in nuclear power plants, but said there were no restrictions for the private sector to manufacture nuclear equipment and construction.
Govt clears 10 FDI proposals worth Rs 1,123 cr18-AUG-09
The government today cleared 10 foreign direct investment (FDI) proposals worth over Rs 1,123 crore, a major share of which is expected to be brought in by the Essel Group promoted direct-to-home service provider, Dish TV India.
India slips in FDI ranking23-JUL-09
India has dropped to third place in global foreign direct investments (FDI) this year following the economic meltdown, but will continue to remain among the top five attractive destinations for international investors during the next two years, says Unctad (United Nations Conference on Trade and Development) in a new report on world investment prospects.
SEZs attract over Rs 10,900 cr FDI in 3 years15-JUL-09
The country's special economic zones (SEZ) have attracted foreign direct investment (FDI) of over Rs 10,900 crore in the last three years, Minister of State for Commerce and Industry Jyotiraditya Scindia said today.
Indian investments abroad decline 15% in FY09 on lower world GDP13-JUL-09
Hiccup comes after three years of 100 per cent annual growth.
Lacks depth to reform07-JUL-09
The Budget presented by the finance minister today was a workman-like effort rather than an overarching one. At a broader level, it seeks to continue the UPA’s economic philosophy of generating growth by distributing funds at the grassroot levels and letting the demand filter up, rather than being top down.
Exports down by 29.2%; imports 39.2% in May02-JUL-09
Merchandise exports contracted for the eighth consecutive month.
Big TV, Carlyle in talks to raise $50-100 mn02-JUL-09
Big TV, the Anil Ambani group’s direct-to-home services provider, is in final stages of negotiations with Carlyle Group, the global private equity major, to raise around $50-100 million (Rs 240-Rs 480 crore).
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