Concerns over effective control not addressed in the second revised shareholders' agreement, says DIPP; Sebi opposes commercial cooperation pact
.jpg)
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.
Mumbai-based LocalBanya is looking to expand to Pune and Delhi as part of its growth strategy.
Between Kotak, Shapoorji and HDFC, fund managers have raised $700 million from investors
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.
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.
Approaches Morgan Stanley, GIC and Blackstone
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
.jpg)
Globally, the company intends to cut expenses by $7.8 billion by 2014.
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.
Since debuting in India in October 2012, the company has opened 15 Starbucks stores across Mumbai and Delhi.
Realty plans hit roadblock; delay could hit modernisation
The Bangladeshi government has clearly said it will not give access to the port unless India resolves the Teesta river issue.
A high-powered business delegation from the UK, led by the British cabinet minister, Eric Pickles, is arriving in India on Monday to explore opportunities in infrastructure and water management in Kolkata and Kochi.
The group was originally planning to raise a $100-million (around Rs 560 crore today) offshore fund but is now targetting $200 million, said Amit Goenka, managing director and chief executive of Essel Financial Services, the group's financial services arm.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances