infrastructure sector

India cuts tax on overseas borrowings (Lead)


September 21st, 2012 - 8:34 pm ICT by IANS
New Delhi, Sep 21 (IANS) In yet another move to draw in international capital, the Indian government Friday reduced tax on overseas borrowings by domestic companies to five percent from ... Read more...

Posted in Business |

Coal India to invest Rs.40,000 crore in 12th Plan


September 12th, 2012 - 9:53 pm ICT by IANS
New Delhi, Sep 12 (IANS) State miner Coal India Ltd (CIL) said Wednesday the company was committed to investing Rs.40,000 crore in the 12th Plan period (2012-17)."Capital investment plan for ... Read more...

Posted in Business |

Russian real estate major offers to invest in Punjab


September 12th, 2012 - 9:22 pm ICT by IANS
Chandigarh, Sep 12 (IANS) A leading Russian real estate development company has expressed its interest in investing in Punjab's infrastructure sector, a state government spokesperson said here Wednesday."Boris Kiperman and ... Read more...

Posted in Business |

Government trying to protect Indian economy from global mess: PM


September 7th, 2012 - 6:33 pm ICT by IANS
New Delhi, Sep 7 (IANS) The Indian economy is passing through a difficult time but the government is trying to protect it from the global economic mess, Prime Minister ... Read more...

Posted in Business |

President stresses universal healthcare system (Lead)


August 28th, 2012 - 4:34 pm ICT by IANS
New Delhi, Aug 28 (IANS) President Pranab Mukherjee Tuesday stressed the need to evolve a universal healthcare system for the nation, calling it important for economic growth. He pitched ... Read more...

Posted in Health |

Mend land policy to push realty, infrastructure (Comment)


August 19th, 2012 - 2:12 pm ICT by IANS
The relaxation of rules by the Prime Minister's Office (PMO) on transfer of government land in a bid to speed up public-private partnership (PPP) projects in infrastructure sector is, indeed, significant. ... Read more...

Posted in Business |

NASDAQ dons Indian colours for I-Day


August 16th, 2012 - 12:04 pm ICT by IANS
New York, Aug 16 (IANS) For the fourth year in a row, NASDAQ, world's second-largest stock exchange in the heart of Times Square, donned the colours of the Indian flag ... Read more...

Posted in Politics |

India raises overseas investment limit in government, corporate bonds (Lead)


June 25th, 2012 - 5:10 pm ICT by IANS
Mumbai, June 25 (IANS) In a bid to prop up the battered currency, the Reserve Bank of India (RBI) Monday hiked the limit of overseas investments in government and ... Read more...

Posted in Uncategorized |

RBI announces steps to revive rupee


June 25th, 2012 - 4:16 pm ICT by IANS
Mumbai, June 25 (IANS) The Reserve Bank of India (RBI) Monday announced a series of measures, including raising limits for external commercial borrowings and government securities, that would help revive ... Read more...

Posted in Business |

India, Russia target $20 bn trade by 2015


June 21st, 2012 - 8:20 pm ICT by IANS
St. Petersburg, June 21 (IANS) India and Russia have set a target to increase bilateral trade to $20 billion by 2015 from around $9 billion in 2011, Commerce and Industry ... Read more...

Posted in Business |

Reselling the India story: road shows kick off in the Gulf


June 9th, 2012 - 9:52 pm ICT by IANS
Dubai/New Delhi, June 9 (IANS) Road shows highlighting India's growth potential to attract sovereign funds and other investors kicks off in five Gulf countries of Saudi Arabia, the United Arab ... Read more...

Posted in Business |

Prime Minister pushes for infrastructure-led growth


June 6th, 2012 - 10:18 pm ICT by IANS
New Delhi, June 6 (IANS) Prime Minister Manmohan Singh Wednesday said his government will remove all bottlenecks in the infrastructure sector and create an environment for investment to revive ... Read more...

Posted in Business |

Karnataka mulls bullet trains for high-speed connectivity


June 4th, 2012 - 11:11 pm ICT by IANS
Bangalore, June 4 (IANS) Karnataka plans to operate 'bullet trains' across the state to provide high-speed connectivity between its tech hub Bangalore and Mysore, Belgaum and Gulbarga in the northern region ... Read more...

Posted in Business |

Cabinet likely to discuss National Telecom Policy Thursday


May 24th, 2012 - 3:28 pm ICT by IANS
New Delhi, May 24 (IANS) The union cabinet during its meeting Thursday is likely to take the final call on the National Telecom Policy (NTP) which proposes to abolish roaming ... Read more...

Posted in Sci-Tech |

Britain to open deputy high commission in Chandigarh


May 23rd, 2012 - 7:11 pm ICT by IANS
Chandigarh, May 23 (IANS) Chandigarh will have a British deputy high commission by the end of 2012, British High Commissioner James Bevan announced here Wednesday.The deputy high commission will cater ... Read more...

Posted in Uncategorized |

India continuing on the reform path: Mukherjee


April 22nd, 2012 - 10:27 pm ICT by IANS
Washington, April 22 (IANS) Rejecting opposition charges of a policy paralysis on reforms back home, Finance Minister Pranab Mukherjee today that the United Progressive Alliance was going ahead with ... Read more...

Posted in Uncategorized |

Government will bring economy back on growth path: Ahluwalia


April 20th, 2012 - 7:01 pm ICT by IANS
New Delhi, April 20 (IANS) The Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia, Friday played down the row over Chief Economic Adviser Kaushik Basu's comment on the slow ... Read more...

Posted in Business |

India discusses upping ties with Canada, Turkey


March 28th, 2012 - 1:42 am ICT by IANS
On Board Air India One, March 28 (IANS) Prime Minister Manmohan Tuesday met his Canadian and Turkish counterparts on the sidelines of a nuclear safety conference in Seoul and ... Read more...

Posted in World |

US firms keen to invest in India’s infrastructure projects


March 27th, 2012 - 5:01 pm ICT by IANS
New Delhi, March 27 (IANS) American companies are keen to invest in India's infrastructure projects, especially in the proposed Delhi-Mumbai Industrial Corridor (DMIC), US Commerce Secretary John Bryson said ... Read more...

Posted in Business |

US trade mission to explore business, lure Indian investment


March 21st, 2012 - 10:49 am ICT by IANS
Washington, March 21 (IANS) US Commerce Secretary John Bryson will lead a three-city trade mission to India next week aimed at exploring business potential of India's "rising infrastructure sector" and ... Read more...

Posted in Business |

‘Telecom bills to rise following service tax hike’ (Lead, Superseding earlier story)


March 16th, 2012 - 5:49 pm ICT by IANS
New Delhi, March 16 (IANS) Bills for mobile phones are expected to rise following a two percent hike in service tax proposed in the union budget, service provider Bharti ... Read more...

Posted in Business |

‘Telecom bills to rise following service tax hike’


March 16th, 2012 - 4:36 pm ICT by IANS
N0ew Delhi, March 16 (IANS) Bills for mobile phones are expected to rise following a two percent hike in service tax, Bharti Airtel said Friday."Service tax gos up from ... Read more...

Posted in Sci-Tech |

New telecom policy likely by June: Economic Survey


March 15th, 2012 - 5:24 pm ICT by IANS
New Delhi, March 15 (IANS) The new telecom policy, which is expected to do away with roaming charges for subscribers will be announced by June, the Economic Survey said Thursday."The ... Read more...

Posted in Sci-Tech |

PPPs to boost infrastructure industry: Economic Survey


March 15th, 2012 - 3:41 pm ICT by IANS
New Delhi, March 15 (IANS) Public private partnerships (PPPs) are likely to boost the infrastructure industry with almost 50 percent of the Planning Commission's projected investment requirement during the ... Read more...

Posted in Business |

Indian Railways aims to cut operating ratio


March 14th, 2012 - 2:48 pm ICT by IANS
New Delhi, March 14 (IANS) Indian Railways aims to cut operating ratio, which is the money spent to earn every Rs.100, to 84.9 percent in 2012-13 from 95 percent in ... Read more...

Posted in Business |

India launches $2 billion infrastructure debt fund


March 5th, 2012 - 9:03 pm ICT by IANS
New Delhi, March 5 (IANS) The government, in partnership with private lenders ICICI Bank and the Citigroup, Monday launched a $2 billion infrastructure debt fund to meet long-term ... Read more...

Posted in Business |

US to focus on business abroad - like India, China


February 22nd, 2012 - 12:59 pm ICT by IANS
Washington, Feb 22 (IANS) Suggesting that rising powers like India, China and Brazil were putting economics at the centre of their foreign policies, Secretary of State Hillary Clinton advocates Economic ... Read more...

Posted in Business |

Aid to India not linked to contracts: Britain


February 14th, 2012 - 10:34 pm ICT by IANS
Chennai, Feb 14 (IANS) Britain Tuesday said its aid to India was not linked to trade or for securing contracts."The British government's aid to India is not linked to ... Read more...

Posted in Business |

Surge in foreign fund flow into infrastructure


February 5th, 2012 - 6:07 pm ICT by IANS
New Delhi, Feb 5 (IANS) Overseas investors are increasingly pumping money into India's infrastructure sector, especially in the power, oil and gas, telecom and iron and steel segments, due to ... Read more...

Posted in Business |

Indian stone industry bullish on growth momentum


February 2nd, 2012 - 1:54 pm ICT by IANS
Bangalore, Feb 2 (IANS) The Indian stone industry is upbeat on maintaining growth momentum as retail, real estate and infrastructure sectors boom and exports rise in new markets, an industry ... Read more...

Posted in Uncategorized |

Stopping outsourcing would hurt both India, US: Pranab (Lead)


January 30th, 2012 - 8:05 pm ICT by IANS
Chicago, Jan 30 (IANS) Reacting to President Barack Obama's tirade against outsourching, Finance Minister Pranab Mukherjee has warned that if the United States stops outsourcing jobs to India the ... Read more...

Posted in World |

Japanese firms to increase investment in Tamil Nadu


January 25th, 2012 - 11:40 pm ICT by IANS
Chennai, Jan 25 (IANS) Many Japanese companies in Tamil Nadu have decided to increase their investments in the state and the government would be signing memoranda of understanding with them, ... Read more...

Posted in Uncategorized |

Banks pitch for tax free infra bonds


January 19th, 2012 - 8:31 pm ICT by IANS
New Delhi, Jan 19 (IANS) Commercial banks should be made eligible to issue tax free infrastructure bonds, top executives urged Finance Minister Pranab Mukherjee Thursday, saying this would help ... Read more...

Posted in Business |

Abu Dhabi sovereign fund keen to invest in India


January 16th, 2012 - 7:12 pm ICT by IANS
New Delhi, Jan 16 (IANS) Abu Dhabi Investment Authority, the sovereign wealth fund of the United Arab Emirates, Monday expressed "keen interest" in increasing investment in India, especially in infrastructure ... Read more...

Posted in Business |

India seeks diaspora investment in energy, healthcare


January 7th, 2012 - 8:42 pm ICT by IANS
Jaipur, Jan 7 (IANS) India Saturday asked its 30 million strong diaspora spread across over 130 countries to contribute in the development of healthcare, energy and infrastructure sector.Almost 1,500 ... Read more...

Posted in Business |

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