overseas investment

PM to address nation on FDI in retail and other reforms


September 21st, 2012 - 4:55 pm ICT by IANS
New Delhi, Sep 21 (IANS) Prime Minister Manmohan Singh will address the nation Friday night to explain why his government is going forward with economic reforms, especially allowing overseas investment ... Read more...

Posted in Business |

Chinese firm to invest $2 bn to expand operation in Britain


September 12th, 2012 - 1:29 pm ICT by IANS
London, Sep 12 (IANS) China's telecom equipment giant Huawei Technologies has announced that it planned to invest 1.3 billion British pounds ($2 billion) to expand its operation in Britain ... Read more...

Posted in Business |

Mamata Banerjee opposes FDI in retail, insurance and aviation


August 23rd, 2012 - 6:08 pm ICT by IANS
New Delhi, Aug 23 (IANS) Trinamool Congress chief Mamata Banerjee Thursday reiterated her objection to overseas investment in multi-brand retail, insurance and aviation sector."We are not in favour of ... Read more...

Posted in Business |

Only 4 states, UTs support FDI in retail: Government


August 8th, 2012 - 8:55 pm ICT by IANS
New Delhi, Aug 8 (IANS) Only four states and union territories have formally supported allowing foreign direct investment (FDI) in multi-brand retail, signifying little backing for the Indian government's move ... Read more...

Posted in Business |

Government okays 14 FDI proposals worth Rs.1,584 crore


July 24th, 2012 - 8:27 pm ICT by IANS
New Delhi, July 24 (IANS) The government Tuesday announced it has approved 14 proposals of foreign direct investment (FDI) worth Rs.1,584.11 crore. Majority of the money flow will be ... Read more...

Posted in Business |

Many chief ministers want FDI in multi-brand retail: Sharma


June 27th, 2012 - 8:49 pm ICT by IANS
New Delhi, June 27 (IANS) Many chief ministers, including non-Congress ones, support the proposal to allow foreign direct investment (FDI) in multi-brand retail, Commerce and Industry Minister Anand Sharma ... Read more...

Posted in Business |

India raises overseas investment limit in government bonds (Roundup)


June 25th, 2012 - 8:47 pm ICT by IANS
Mumbai/New Delhi, June 25 (IANS) In a bid to prop up the battered rupee, the Reserve Bank of India (RBI) Monday hiked the limit of overseas investments in government ... Read more...

Posted in Business |

China’s Q1 overseas investment surges


April 17th, 2012 - 2:45 pm ICT by IANS
Beijing, April 17 (IANS) China's non-financial overseas direct investment (ODI) surged 94.5 percent year on year to $16.55 billion in the first quarter of this year, the ministry of commerce ... Read more...

Posted in Business |

India eases overseas investment norms for commodity exchanges


April 10th, 2012 - 5:47 pm ICT by IANS
New Delhi, April 10 (IANS) Foreign institutional investors (FIIs) can now invest up to 23 percent in Indian commodity exchanges without government approval, the commerce and industry ministry said Tuesday.In ... Read more...

Posted in Business |

‘Efforts on to allow FDI in multi-brand retail’


March 16th, 2012 - 9:20 pm ICT by IANS
New Delhi, March 16 (IANS) The government would hold more consultations with state governments to build consensus on allowing foreign direct investment (FDI) in multi-brand retail, Finance Minister Pranab ... Read more...

Posted in Business |

Cameron planning to move New Zealand


February 3rd, 2012 - 10:35 am ICT by IANS
London, Feb 3 (IANS) Acclaimed filmmaker James Cameron is preparing to leave California and move to New Zealand to run a farm in the countryside.According to showbizspy.com, the 57-year-old has ... Read more...

Posted in Entertainment |

Bihar expects industrial turnaround; $50 bn investments in pipeline: Industry Minister (Interview)


January 20th, 2012 - 2:31 pm ICT by IANS
New Delhi, Jan 20 (IANS) Backed by sustained double-digit growth since 2004-05 and improvement in the law and order situation, Bihar, once a metaphor for industrial backwardness, expects some big ... Read more...

Posted in Business |

China predicts new surge in ODI


January 5th, 2012 - 5:31 pm ICT by IANS
Beijing/Hong Kong, Jan 5 (IANS) Outbound direct investment (ODI) for 2011-15 is expected to register double-digit annual growth to reach $560 billion, matching China's foreign direct investment (FDI).The government will ... Read more...

Posted in Business |

Eurozone crisis keeping Indian markets unstable: Pranab


November 23rd, 2011 - 8:31 pm ICT by IANS
New Delhi, Nov 23 (IANS) The Indian currency and the stock markets are unlikely to stabilise unless the Eurozone recovers from the financial mess, Finance Minister Pranab Mukherjee said ... Read more...

Posted in Business |

Finance ministry okays FDI in multi-brand retail


November 17th, 2011 - 9:21 pm ICT by IANS
New Delhi, Nov 17 (IANS) The finance ministry has approved the draft cabinet note that seeks to allow up to 51 percent foreign direct investment (FDI) in multi-brand retail, sources ... Read more...

Posted in Business |

Unfazed by China, India, Vietnam sign oil deal, extradition treaty


October 12th, 2011 - 9:20 pm ICT by IANS
New Delhi, Oct 12 (IANS) Undeterred by Beijing's objections, India and Vietnam Wednesday sealed an accord for oil exploration in the South China Sea and signed half a dozen ... Read more...

Posted in Business |

BJP blocking key economic reforms: PM


June 30th, 2011 - 8:53 pm ICT by IANS
New Delhi, June 30 (IANS) Accusing the Bharatiya Janata Party (BJP) of playing politics and blocking key economic reforms, Prime Minister Manmohan Singh hoped key legislation in areas such ... Read more...

Posted in Business |

India tops list of foreign investors in Ghana


April 29th, 2011 - 12:35 pm ICT by IANS
Accra, April 29 (IANS) India topped the list of overseas investment in Ghana with 19 projects out of a total of 109 registered by the Ghana Investment Promotion Centre (GIPC) ... Read more...

Posted in Business |

India eases joint venture norms to draw foreign funds (Lead)


March 31st, 2011 - 6:25 pm ICT by IANS
New Delhi, March 31 (IANS) India Thursday announced an updated foreign direct investment (FDI) policy that simplifies joint venture norms and opens up new areas for overseas funds.The updated policy ... Read more...

Posted in Business |

India eases investing norms for foreign firms


March 31st, 2011 - 2:44 pm ICT by IANS
New Delhi, March 31 (IANS) India Thursday announced measures to ease investing norms for foreign firms in the updated foreign direct investment (FDI) policy by allowing overseas companies in existing ... Read more...

Posted in Business |

Sensex surges 785 points on budget proposals (Weekly Market Review)


March 5th, 2011 - 11:43 am ICT by IANS
Mumbai, March 5 (IANS) The Indian equities markets' benchmark indices advanced over four percent this week as proposals in the federal budget to allow foreign investment in mutual funds ... Read more...

Posted in Business |

Traders book profits after initial euphoria over budget (Roundup)


February 28th, 2011 - 8:08 pm ICT by IANS
New Delhi, Feb 28 (IANS) Traders at Indian equities markets Monday booked profits, taking advantage of a sharp spike in stocks, which rose smartly after Finance Minister Pranab Mukherjee said in ... Read more...

Posted in Business |

Ministerial group considering hike in defence FDI


February 1st, 2011 - 10:59 pm ICT by IANS
New Delhi, Feb 1 (IANS) The issue of hiking the Foreign Direct Investment (FDI) limit in the defence sector from 26 percent to 49 percent is now being hotly debated by a ... Read more...

Posted in Business |

North-East Chief Ministers appeal to NRI’s for investment


January 14th, 2011 - 7:49 pm ICT by ANI
New Delhi, Jan 14 (ANI): The northeastern states have made a fervent appeal to the Indian diaspora to invest in key infrastructure to help the region prosper on a par with the ... Read more...

Posted in National |

China’s industrial output up 13.3 percent in November


December 11th, 2010 - 6:34 pm ICT by IANS
Beijing, Dec 11 (IANS) China's industrial value-added output year-on-year growth rose to 13.3 percent in November from 13.1 percent in October, the National Bureau of Statistics (NBS) said Saturday. The growth rate ... Read more...

Posted in Business |

India, Syria committed to economic reforms: Patil


November 24th, 2010 - 1:10 pm ICT by ANI
New Delhi, Nov.24 (ANI): Indian President Pratibha Devisingh Patil has said that her country and the Syrian Arab Republic are both committed to economic reforms and to achieving higher growth rates.Speaking in ... Read more...

Posted in National |

India, US to set up $10 billion infrastructure debt fund


November 8th, 2010 - 6:18 pm ICT by IANS
New Delhi, Nov 8 (IANS) India and the United States will set up a $10 billion infrastructure debt fund to help develop India's physical and social infrastructure, Commerce and Industry Minister Anand ... Read more...

Posted in Business |

‘Indian investors saved 65,000 jobs in US’


November 3rd, 2010 - 9:11 pm ICT by IANS
New Delhi, Nov 3 (IANS) Indians are not taking away jobs in the US, instead they have created and saved 65,000 jobs in the recent years through increased investments, an official ... Read more...

Posted in Business |

Carborundum Universal Q2 net profit grows 55 percent


October 27th, 2010 - 8:20 pm ICT by IANS
Chennai, Oct 27 (IANS) Abrasives major Carborundum Universal Ltd (CUMI) closed the second quarter of the current fiscal with a consolidated revenue and profit growth of 26 percent and 55 percent respectively.The ... Read more...

Posted in Business |

French MEP Rachida Dati confuses fellatio with inflation


September 27th, 2010 - 2:50 pm ICT by ANI
London, Sept 27 (ANI): French politician Rachida Dati has had to issue an apology after she made an embarrassing blunder by confusing fellatio with inflation.Dati, 44, a former Justice Minister, who ... Read more...

Posted in World |

FDI norms for real estate may be relaxed: Sharma


September 16th, 2010 - 6:01 pm ICT by IANS
New Delhi, Sep 16 (IANS) Reiterating the government's commitment to make India an attractive foreign investment destination, Commerce and Industry Minister Anand Sharma Thursday said the three-year lock-in period for overseas investment ... Read more...

Posted in Business |

Infosys to expand back office operations in Poland


September 6th, 2010 - 9:34 pm ICT by IANS
Bangalore, Sep 6 (IANS) Infosys Technologies is set to expand its back office operations in Poland in the next two years to offer business process outsourcing (BPO) services to more European and ... Read more...

Posted in Business |

India ninth most attractive investment destination: UN agency


July 23rd, 2010 - 12:48 am ICT by IANS
New Delhi, July 22 (IANS) India climbed four notches to be ranked the ninth most attractive investment destination in 2009 with a total foreign direct investment inflow of $34.61 billion, a UN ... Read more...

Posted in Business |

IAF wants national policy on aerospace technology


April 10th, 2010 - 8:40 pm ICT by IANS
Bangalore, April 10 (IANS) The Indian Air Force (IAF) has called for a national policy on aerospace technology to achieve self-reliance in producing indigenous aircraft and support systems for military and civilian ... Read more...

Posted in Business |

RBI eases overseas investment norms for telecom firms


April 1st, 2010 - 9:11 pm ICT by IANS
New Delhi, April 1 (IANS) The Reserve Bank of India (RBI) Thursday allowed telecom companies to build and maintain submarine cable systems with global players on a co-ownership basis. "As a measure ... Read more...

Posted in Business |

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