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Railway Budget 2014: FDI Proposed in Rail Infrastructure

Jul 08, 2014 at 16:00 | Source: NDTV Profit

Presenting the Narendra Modi's first Railway Budget, Railway Minister Sadananda Gowda today proposed foreign direct investment (FDI) in building railway infrastructure. Current policy only allows foreign direct investment in urban metro proje...

Rail Budget 2014-15: A holding operation, for dreams cost money

Jul 08, 2014 at 15:25 | Source: FirstPost

Railway Minister Sadananda Gowdas 2014-15 budget, which was pre-empted by fare and freight hikes last month, has three big messages to offer: consolidation, limited populism, and expansion largely with private investment. The big vision ideas bullet...

Railway Budget pro rich, seeks to please Modi's home state, says Congress

Jul 08, 2014 at 15:23 | Source: FirstPost

New Delhi: Congress today slammed the Railway Budget as "pro-rich" with former Railway Minster Mallikarjun Kharge insisting that it is bereft of any new scheme, plan or railway line and seeks to please the home state of Prime Minister Naren...

Gowda to seek cabinet nod for easing FDI norms for railways

Jul 08, 2014 at 14:56 | Source: FirstPost

New Delhi: Looking to attract funds for infrastructure development, the Railways Ministry would seek approval of the Union Cabinet to relax foreign direct investment policy to overcome cash crunch.While presenting the Railway Budget for 2014-15, Rail...

Rail Budget: Sadananda Gowda Seeks FDI Nod; Announces Roadmap for Bullet <b>...</b>

Jul 08, 2014 at 14:00 | Source: NDTV Profit

Railway Minister Sadanand Gowda on Tuesday said that his government will focus on completing old projects rather than announcing new projects as is the norm. Mr Gowda, who presented his maiden Rail Budget, said the Indian Railways will target to&...

Rail Budget 2014 Live: Modi praises Gowda, says his budget will take nation forward

Jul 08, 2014 at 13:35 | Source: FirstPost

1:40 pm: Mayawati questions how railways will fund ambitious plansBSP chief Mayawati has raised a pertinent question about the railways ambitious plans."When the railways has such massive losses then how do they plan to implement these plans? Th...

Govt proposes 49% FDI in insurance, caps voting rights to 26%

Jul 08, 2014 at 12:00 | Source: VC Circle

A proposal to hike the FDI cap in the sector was first mooted by the previous UPA government. The government plans to increase foreign direct investment in the insurance sector to 49 per cent with a rider that voting right of overseas partner will ...

Allow FDI in venture capital and scale up debt offerings: YourNest

Jul 08, 2014 at 12:00 | Source: VC Circle

VCCircle_YourNest_logo In a run up to the Union Budget 2014, angel fund YourNest has prepared a wish-list for the growth of startups in the country. The broad points include increasing fund resources, introducing Fund of Fund (FoF) strategy, allowing...

Rail Budget 2014 Live: Hope to meet expectations, tweets Gowda

Jul 08, 2014 at 11:30 | Source: FirstPost

11:30 am: On the go and want to hear the latest from the rail budget?So if you're on the go when Gowda rises to make his speech and you can't see our updates on your phone, don't worry. The latest updates on the Rail Budget are going to be available ...

Rail Budget 2014 Live: Hope to meet expectations, Gowda tweets

Jul 08, 2014 at 10:10 | Source: FirstPost

10:25 am: Gowda shows up in Lok Sabha, remains mumSadananda Gowda will go down as one of the most silent railway ministers in recent times with the minister saying nothing beyond what he told Doordarshan. He turned up at the Lok Sabha but continued t...

Railway Budget 2014: These stocks have been in demand; will they remain buoyant?

Jul 08, 2014 at 09:53 | Source: FirstPost

The stock market will closely listen to minister Sadanda Gowda's railway budget today as it is the first official statement from the Narendra Modi government that will give some indication on what is in store on reforms.What has fuelled the expectati...

Rail Budget 2014 Live: Gowda says he can't bring smile to common man's face

Jul 08, 2014 at 09:28 | Source: FirstPost

9:35 am: Rail-linked stocks up on hopes of Railways attracting FDITitagarh Wagon, Kalindee Rail , Kernex Micro , Hind Rectifiers, Texmaco Rail & Engineering, BEML, Siemens, Reliance Industrial Infra, Timken India, Container Corporation of India a...

Rail budget 2014: Bullet trains, world-class stations and safety top priority for Gowda

Jul 08, 2014 at 08:49 | Source: FirstPost

High-speed trains, world-class stations, safe journeys and infusion of foreign investment are likely to be the top priorities as the Narendra Modi led government presents the railway budget for 2014 at 12 pm today.The ministry is also likely to propo...

Provide Rs 20K crore budgetary support each for next 2 years to Indian Railways: ASSOCHAM plea to Govt.

Jul 07, 2014 at 19:37 | Source: Assocham

With Indian Railways currently facing tremendous financial constraint, apex industry body ASSOCHAM today urged the Central Government to provide budgetary support of Rs 20,000 crore each for next two years in form of a soft loan or a grant or a mix ...

Modi-Xi meeting in Brazil strategically significant: China

Jul 07, 2014 at 19:19 | Source: FirstPost

Beijing: China on Monday said the first meeting between President Xi Jinping and Prime Minister Narendra Modi in Brazil next week will have "significant strategic importance" to bilateral ties."Xi will have first bilateral meeting with...

Budget 2014: Goldman Sachs says India may shift spending from subsidies to <b>...</b>

Jul 07, 2014 at 18:01 | Source: VC Circle

The multinational investment banking firm also expects a number of structural reform initiatives to be announced, including a roadmap for Goods and Services Tax (GST), greater FDI in insurance/defense, and incentives for manufacturing. The new&nb...

Automatic doors, new trains and stations: What to expect from Rail Budget 2014

Jul 07, 2014 at 13:52 | Source: FirstPost

New Delhi: Having done a pre-budget hike of 14.2 percent in passenger fares and raised freight rates, Railway Minister Sadananda Gowda's maiden budget is likely to adopt a realistic approach in announcing new trains, lines and survey in view of the c...

Budget 2014: Need incentives for people to save, says KS Gopalakrishnan of AEGON Religare Life Insurance

Jul 07, 2014 at 10:51 | Source: FirstPost

Firstbiz caught up with KS Gopalakrishnan, Managing Director &amp; CEO of AEGON Religare Life Insurance to know what he thinks the Finance Minister needs to deliver in his first union budget."We need to acknowledge there is a need to give in...

Home Min red flags FDI in sensitive areas of Indian railways

Jul 07, 2014 at 06:00 | Source: Money Rediff News Report

The Home Ministry has raised objections in allowing foreign direct investment in highly- sensitive areas of the Railways sector, saying such a move may compromise security of the country&#39;s largest transportation network. The objection came af...

Home Ministry Red Flags FDI in Sensitive Areas of Indian Railways: Report

Jul 07, 2014 at 00:00 | Source: NDTV Profit

New Delhi: The Home Ministry has raised objections in allowing foreign direct investment (FDI) in highly-sensitive areas of the Railways sector, saying such a move may compromise security of the country&#39;s largest transportation network. The o...

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