The trade deficit with China continues to soar at a blistering pace even as India is looking at aggressively increasing and strategising the reach of its products into the Chinese markets.
A rollback or dilution of the policy is not the only fear these multinationals have; they are also facing upfront political opposition.
The latest available data from the Reserve Bank of India show a 77 per cent jump in the FDI in the first half of the current financial year (April-September), compared to what was $19.5 billion the same period a year ago.
Cap in single-brand retail likely to be 74%.
The Department of Industrial Policy and Promotion under the commerce ministry has floated a draft Cabinet note for inter-ministerial discussions on foreign direct investment in aviation.
Amrop believes the economic slowdown will not have a long-term impact on its business, but maybe on technology.
The upcoming round of talks, slated for October 11-12, is expected to be a stormy one.
The gains, they say, would not be sustained, and too much volatility in exchange rates does not benefit them.
The officials say no "concrete move" has yet been taken to take the matter to the Union cabinet for approval after the recommendation of the Committee of Secretaries (CoS) on July 22 to allow 51 per cent FDI.
Unitech has already tied up with hospitality chain Carlson for the Gurgaon property, and with Marriott for both the Noida and Kolkata hotels.
DLF is to divest non-core assets, including hotels and plots of land, but not Hilton JV, Delhi Aman.
Around 75 tariff lines or products from Pakistan would get concessional access to European markets for three years.
The US and European markets account for 35 per cent of export revenue and a big portion of volumes.
The real estate industry is divided over the impact of the proposed foreign direct investment (FDI) in multi-brand retail.
Early signs show firms rather lukewarm on entry; global economic climate, riders to FDI opening may be dampener.
Emerging consensus is that all state capitals be covered.
The committee of secretaries (CoS) looking into the issue of allowing foreign direct investment (FDI) in the multi-brand retail segment is likely to meet this Friday to try for more agreement on the issue.
With the American economy still recovering with the market reaching full potential, US companies like Abercombie is planning to tap emerging markets for luxury buys.
A Central Bureau of Investigation (CBI) official said the agency would soon call Malaysian businessman T Ananda Krishnan for questioning. Maxis is part of the business empire of Krishnan, who is expected to soon fly to New Delhi.
Ananjan Mitter, partner at ALMT Legal, a law firm, has represented Air Charter Service in the venture's application to the Foreign Investment Promotion Board, a key wing in the finance ministry that vets foreign direct investments proposals of companies.
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