Railway Budget 2014: FDI Proposed in Rail Infrastructure
Jul 08, 2014 at 16:00 | Source:
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:
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...
Gowda to seek cabinet nod for easing FDI norms for railways
Jul 08, 2014 at 14:56 | Source:
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...
Govt proposes 49% FDI in insurance, caps voting rights to 26%
Jul 08, 2014 at 12:00 | Source:
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:
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:
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:
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...
Rail Budget 2014 Live: Gowda says he can't bring smile to common man's face
Jul 08, 2014 at 09:28 | Source:
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...
Modi-Xi meeting in Brazil strategically significant: China
Jul 07, 2014 at 19:19 | Source:
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...
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'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:
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's largest transportation network. The o...