FIPB clears 16 FDI proposals worth Rs 1,647 cr

The government has approved 16 projects envisaging foreign investment worth Rs 1,647 crore (Rs 16.47 billion), while deferring Punj Lloyd's proposals for lack of security clearance. "Based on the......

Policy change triggers single-brand retail rush

After proposals by IKEA and Pavers, another bunch of foreign single-brand retail applications is on its way to India, prompted by easier sourcing and brand ownership rules.At least half a dozen......

Five Brazilian athletes fail doping tests

Five Brazilian athletes training in Germany for this month's world championships have failed out of competition doping tests and will return home, the Brazilian Athletics Confederation (CBAt) has......