Temporary relief for Bharti, Vodafone and former telecom secretary Shyamal Ghosh
Analysts warn that complying with the new standards will be a cumbersome process for companies, particularly smaller ones.
Investor confidence, in general, in the world is weak and that has spilled over in India.
Despite rising subsidy bill, says fuel price action and other steps in contemplation would keep it at 5.3% of GDP, not more
The tide of the global economy has again turned to anti-growth in general.
US-based online travel company Expedia Inc is setting up a research and development (R&D) centre in Gurgaon, near Delhi. With 100 people already on board and another 200 still to be added, Expedia will have the biggest R&D facility among the online travel companies in India.
When the founder and CEO of MakeMyTrip.com, Deep Kalra, spoke of his plans to expand the company's offline retail stores, the American board members of the Nasdaq-listed online travel firm found the idea revolutionary.
A presentation by the CBI to a Joint Parliamentary Committee last week said the decision led to a loss of Rs 508 crore to the exchequer.
The lease term of the Taj Palace Hotel, owned by the Indian Hotels Company, will expire on April 1, 2013, and it must settle a dispute with the Delhi Development Authority over the quantum of licence fee for a smooth renewal.
The company sees many more areas of inorganic growth in the future.
Planning Commission Deputy Chairman Montek Singh Ahluwalia on Monday pegged India's growth this financial year at 6.5-7 per cent. He added the country had taken various steps to boost investment, the results of which would be seen in six months.
Prime Minister Manmohan Singh on Saturday asked European countries to take firm steps to fix the continent's financial mess, which was hitting India's economic growth and dampening global markets.
About 12 years ago when the Marriott group started its India stint with the opening of Marriott Goa, it was one of the few international hotels to seize the 'India opportunity.'
The CBI, facing a shortage of investigative officers and a rise in financial offences, is planning to recruit for short tenures personnel from public sector banks working at the corresponding grade of CBI Inspector. Those hired will be a part of the CBI's Bank Fraud Investigation Cell.
Corporations and business associations must strengthen their direct communications and consultations with citizens - and earn the trust of society.
Like the previous two plans, the 12th five-year Plan (2012-17) also officially began without a final document in place.
Officials do not believe economic growth would go down as low as 6.8 per cent.
Crucial financial sector reforms are again stuck, despite Finance Minister Pranab Mukherjee's appealing to political parties to help pass the legislations in this regard.
Even so, whenever a hitherto closed sector has been opened to FDI or the sectoral investment cap has been raised, the move has drawn strong protest. The latest instance is multi-brand retail.
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