News from other websites on Fdi
Aviation FDI: Stuck Jet-Etihad deal vindicates policy flip-flop
Jun 17, 2013 at 14:56 | Source: FirstPost
New Delhi: The government is tying itself up in knots over Foreign Direct Investment rules. And this is most evident in the equity deal between Jet Airways and Etihad Airways, the first instance of a foreign airline investing in India after the FDI r...
dna exclusive: Income tax heads across country transferred
Jun 17, 2013 at 11:57 | Source: DNA India
In a stunning move, the Central Board of Direct Taxes (CBDT) has announced transfers of over 360 commissioners of income tax across India. The transfers affect nearly half of the total Indian Revenue Service (IRS) officers holding the rank of commis...
Anand Sharma favours 100% FDI in telecom sector
Jun 17, 2013 at 11:57 | Source: The Hindu BusinessLine
New Delhi, June 16: Strongly favouring the hike in FDI cap to 100 per cent in the telecom sector, Commerce and Industry Minister Anand Sharma today said that he would soon move the Cabinet for further liberalisation in other sectors as well which ho...
FDI: Anand Sharma wants global biggies to invest in telecom, defence
Jun 17, 2013 at 07:46 | Source: FirstPost
In a bid to spur investments, Commerce and Industry Minister Anand Sharma on Sunday "strongly favoured" raising the FDI cap in telecom as well as defence sector and said he will meet global investors to address their concerns, particularly ...
Foreign companies may not need FIPB nod for minority stake in Indian arms; govt to raise FDI cap
Jun 17, 2013 at 06:46 | Source: Economic Times
EW DELHI: Foreign companies may not need government approval to hold up to 49% equity in Indian arms in most sectors, with the Manmohan Singh administration planning an overhaul of the foreign investment regime to attract overseas capital. A senior o...
Govt may further simplify FDI norms in multi-brand retail
Jun 17, 2013 at 04:30 | Source: Economic Times
NEW DELHI: India may further simplify investment norms in multi-brand retail to woo foreign retailers who have stayed away from the sector that was thrown open nine months ago. The government had issued clarifications on investment guidelines last w...
Fed's QE rollback may bring risk back to equity markets: Herald van der Linde, HSBC
Jun 17, 2013 at 04:30 | Source: Economic Times
By: Biswajit Baruah & R Sriram For nervous equity, bond and currency markets, this week's Federal Open Markets Committee's deliberations will be the most important event in a long, long time. The collapse of Lehman Brothers and the housing market cri...
Jet-Etihad deal hits FDI turbulence zone; more clarity required on 'effective control'
Jun 17, 2013 at 04:30 | Source: Economic Times
NEW DELHI: The absence of an official definition of 'effective control' may complicate the issue of determining whether Etihad's proposed investment in Jet Airways is compliant with foreign direct investment norms. The Foreign Investment Promotion B...
Jun 16, 2013 at 21:17 | Source: The Hindu BusinessLine
Trust the Government to make a grand reform announcement, only to come out with complicated rules or riders at the time of actual implementation. The latest decision to put on hold the Abu Dhabi-based Etihad’s proposal to pick up a 24 per cent...
Jun 16, 2013 at 21:17 | Source: The Hindu BusinessLine
This refers to the article “Colonisation, the phoney-money way” (Business Line, June 14). As the rupee threatens to fall to Rs 60 against the US dollar, Finance Minister P. Chidambaram may be frantically running after FDI. This is not th...
Look beyond gold to understand Re fall
Jun 16, 2013 at 21:17 | Source: The Hindu BusinessLine
The recent depreciation of the rupee has been creating news, with views pouring in from every quarter. The persistent current account deficit (CAD) has been blamed for this sorry state of affairs, and the role of the RBI in this mess is being debate...
Anand Sharma for FDI cap hike in telecom, defence
Jun 16, 2013 at 21:17 | Source: Financial Express
In a bid to spur investments, Commerce and Industry Minister Anand Sharma today "strongly favoured" raising the FDI cap in telecom as well as defence sector and said he will meet global investors to address their concerns, particularly in multi-bran...
Services exports in April up 22% at $12.84 bn
Jun 16, 2013 at 21:17 | Source: Financial Express
India's services exports in April 2013 stood at USD 12.84 billion, up 22.5 per cent over $10.48 billion reported in corresponding period of last fiscal, according to data released by Reserve Bank of India. According to the data, during 2012-13 fisca...
Services exports up 22.5% at $12.8 b in April
Jun 16, 2013 at 21:17 | Source: The Hindu BusinessLine
Mumbai, June 16: India’s services exports in April 2013 stood at $12.84 billion, up 22.5 per cent over $10.48 billion reported in the corresponding period last fiscal, according to data released by the Reserve Bank of India. During 2012-13 fis...
Trade minister for 100 per cent FDI in telecom, greater inflows in other areas
Jun 16, 2013 at 20:00 | Source: NDTV Profit
New Delhi: Strongly favouring a hike in FDI cap to 100 per cent in the telecom sector, Commerce and Industry Minister Anand Sharma said on Sunday that he would soon move the Cabinet for further liberalisation in other sectors as well which hold ...
Walmart: MP expresses concern over tardy progress in probe
Jun 16, 2013 at 19:55 | Source: Economic Times
THIRUVANANTHAPURAM: CPI leader and Rajya Sabha member M P Achuthan today expressed concern over the tardy progress in the investigation into the 'illegal' investment by Walmart in the multi-brand retail sector with the help of the Bharti group. In a...
Strongly favour 100% FDI in telecom sector, says Anand Sharma
Jun 16, 2013 at 16:08 | Source: FirstPost
New Delhi: Strongly favouring hike in FDI cap to 100 percent in the telecom sector, Commerce and Industry Minister Anand Sharma today said he would soon move Cabinet for further liberalisation in other sectors as well which hold potential for FDI inf...
Services exports in April up 22% at $12.84 bn
Jun 16, 2013 at 12:26 | Source: Economic Times
MUMBAI: India's services exports in April 2013 stood at $12.84 billion, up 22.5 per cent over $ 10.48 billion reported in corresponding period of last fiscal, according to data released by Reserve Bank of India. According to the data, during 2012-13...
How rupee's free-fall doubled losses for FIIs in India stocks
Jun 16, 2013 at 11:23 | Source: FirstPost
Mumbai: A free-fall in rupee, which touched a historic low of 58.98 against the US dollar last week, is resulting in a collateral damage for the foreign investors putting their money in Indian stocks.While the stock market itself has been on a downtr...
JD(U) alliance: Time for BJP to stop being hypocritical
Jun 15, 2013 at 21:59 | Source: FirstPost
At least now the BJP should stop being hypocritical.The party has decided its political course. It has made up its mind to break off from its past and start afresh under a new leader, who is vastly controversial, not acceptable to many yet still a le...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
