FinMin draws up plan to attract foreign inflows

With a widening current account deficit (CAD), the finance ministry is preparing a comprehensive plan to attract dollar inflows into the country.The ministry plans to identify various funds -......

Egypt unrest: Indian cos keeping fingers crossed

Indian companies with exposure to Egypt are keeping their fingers crossed as the Arab Republic is faced with a massive unrest. Egypt has been one of India's most important trading partners in the......

L&T on aggressive expansion abroad

Larsen & Toubro, India's largest engineering, construction and technology company, is aggressively expanding its footprint across various places abroad, as part of a vision to become a global......

Utopia in the desert

Two years ago, the investment fund of the oil-soaked city of Abu Dhabi handed Sultan Al Jaber $4 billion and a 2.5-square-mile parcel of desert. It was a starter kit. Jaber, a petroleum engineer,......