Bhupendra Kumar Modi is the founder of $2-billion Spice Group.
Concerns over effective control not addressed in the second revised shareholders' agreement, says DIPP; Sebi opposes commercial cooperation pact
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The trade deficit makes up an important part of the current account deficit, which had touched an all-time high of 4.8 per cent in 2012-13.
FDI in brownfield investment has resulted in acquisition of domestic drug-manufacturing firms by multinational companies.
Currently, India imposes 30-45 per cent duty on textile products from Pakistan.
In a meeting with the commerce minister, India Inc hammered Sharma on the collapse of investments, structural nature of the current account deficit and stagnant growth in agriculture.
William S Pinckney was arrested by the Kerala police for alleged violation of the Prize Chits and Money Circulation Schemes (Banning) Act.
Companies might have to shell out a fourth of the industry's annual net revenue to clear the obligation
To bring clarity, the department clearly defines terms such as promoter and competitor.
A panel headed by Economic Affairs secretary Arvind Mayaram had suggested FDI limit be raised to 49 per cent in almost all sectors through the automatic route.
Need for much more investment; sector would like govt help
DoT decides not to scrap dual-technology telecom licences
Scott Price is learnt to have conveyed to Sharma that Walmart remained committed to the India market.
Efforts to normalise trading relations expected during the first such meet on Saturday
Clamping down on the delays in repatriating foreign exchange earnings, the Reserve Bank of India (RBI) has tightened norms for special economic zones (SEZs), asking them to realise and bring back full value of goods and services to India within a year from the date of export.
Existing units stay operational; those approved may not be notified, land could be used for other purposes
Adjusted gross revenue of the industry has grown just 5.3 per cent during the financial year ended March 31
It is not without reason that Japanese consumer electronics companies such as Sony, Panasonic, Hitachi, Daikin and Sharp are investing significant sums in India.
All companies that have 50% or more employees from outside the US to pay a higher visa fee of $10,000 for each such staffer, against $4,500 at present.
To revive the two state-run telecom operators, Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), the government is likely to waive the one-time fee these telcos need to pay for retaining additional spectrum.
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