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Ashok K Lahiri: Has China moved to the centre?21-NOV-09
A rising China has not only inched closer to the US, it has also developed backward linkages - through the ‘disassembly line’ - with a host of other countries, including developed ones.
Govt to compile FDI rules into a compendium19-NOV-09
In a move to help foreign investors understand the Indian FDI rules, the government will put together about 175 of its 'press notes' into an user- friendly compendium.
US wants India to raise FDI cap in defence, insurance to 49%19-NOV-09
The Obama administration wants India to lift the cap in both defence and insurance sectors, a top US official said. "One thing that I think the Indian government could do would be to lift the cap on foreign equity in Indian defence firms, from 26 per cent to 49 per cent," the Assistant Secretary of State for South and Central Asia Robert Blake, told reporters at a conference.
Honeywell to invest $34 mn in Gurgaon centre18-NOV-09
Diversified company Honeywell India today said it will set up a technology centre with an investment of $34 million (Rs 157 crore) to expand global research capabilities.
Govt defers Pepsico's proposal18-NOV-09
The government has deferred a decision on a proposal by food and beverages major Pepsico to induct additional equity worth about Rs 930 crore in its Indian subsidiary. The proposal for induction of foreign equity (by Pepsico) has been deferred, an official statement said, without specifying reasons for the deferment.
Govt clears 17 FDI proposals worth Rs 1,159 cr17-NOV-09
The government today approved 17 foreign direct investment (FDI) proposals worth Rs 1,158.78 crore. Among the major proposals which were approved today are the FDI applications of the world's largest steel maker ArcelorMittal and ductile iron pipe maker Electrosteel Castings, a government statement said.
Radio Deja Vu16-NOV-09
The radio industry is stuck in a vicious circle. The new policy could help break out of it.
First AI equity infusion by December, says Patel15-NOV-09
Air India is likely to receive the first tranche of equity infusion by December, Civil Aviation Minister Praful Patel said today.
Govt approves policy for digitised cable content13-NOV-09
The government today approved the policy for Headend-in-the-Sky (HITS) operators, a technology that will provide digitised cable content to viewers across the country. The guidelines are not binding on the cable operators or the subscribers and they can continue with the existing analogue system.
India needs foreign capital to meet growing demand: Macquarie12-NOV-09
Domestic demand in India is rising, but the country does not have the matching supply, making it essential for it to rely on foreign capital, says international research firm Macquarie.
Bihar to showcase culture, art, investment avenues at IITF12-NOV-09
Bihar will showcase itself as the "land of boundless opportunities" during the 29th India International Trade Fair (IITF) beginning here from November 14. This will be done through Bihar Pavilion where stalls of Madhubani, Mithila and Godna paintings, Madhubani Sari, Suzni work Sari, Laah-Churi will be the main attractions. It will also showcase Bihar's special delicacies including Litti-chokka, Tilkut and Laai, official sources said today.
Hathway gets FIPB nod for more foreign equity11-NOV-09
The Foreign Investment Promotion Board (FIPB) has approved a proposal from Hathway Cable & Datacom, a leading television cable distribution company, for bringing in foreign direct investments of Rs 16.65 crore after its proposed initial public offer (IPO).
Govt to tighten rules for FDI approvals11-NOV-09
FIPB powers to be expanded, automatic route curtailed.
India Eco Summit: 'India will not have to compete for FDI'10-NOV-09
Rapid growth and the reform agenda make the country an attractive market.
FM's power to clear FDI proposals may increase09-NOV-09
Could approve foreign investments of up to Rs 1,200 crore.
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