Also the companies should be self-sufficient in product designing and have maintenance and life cycle support facilities.
The loan will be utilised in several developmental projects that Nepal wants to undertake. Nayanima Basu reports.
In a turn of events, India on Friday said it was "hopeful" talks for a global deal on easing Customs norms, or a trade facilitation agreement (TFA), would be revived in September, even as it failed to meet the July 31 deadline due to lack of consensus among members over food stockholding and farm subsidies.
Rakesh Gangwal's holding is considered FDI even though the majority stake in Caelum is held by NRIs
Critics have even suggested that India is doing this because it is not prepared to take on the requirements of TFA, with a relatively weak trade infrastructure.
According to a senior commerce department official, though India is ready to sign the TFA and take necessary actions towards that, it is imperative that a discussion on public stockholding gets its due importance.
The company will use the proceeds to part-repay its debt, which stands at Rs 34,000 crore (Rs 340 billion) even after the recent qualified institutional placement of its shares. An RCom board committee recently approved the sale of these assets.
India will raise the issue of illegal immigration, a "major cause of concern" for the country. Nayanima Basu reports
Unlike Reliance Jio's focus on 4G, it plans to segment the data market based on device prices and spectrum.
In a significant departure from tradition, the United States has decided to host Prime Minister Narendra Modi by working out a "special gesture date" around the 69th Session of the United Nations General Assembly meeting that is scheduled to take place on September 26 in New York.
FDI in the defence sector during 2000-2014 has been a meagre $4.94 billion, despite the total FDI flow into the country across sectors standing at $321.81 billion.
The market could see a fresh round of tariff war, similar to what happened in the voice market a few years ago.
At present, the NMP states a series of fiscal incentives, including tax sops, will be offered but only to small and medium enterprises.
Prime minister-elect Narendra Modi's first official visit as head of government will likely be to Dhaka, where he is expected to sign the much-awaited Teesta water-sharing agreement with Bangladesh Prime Minister Hasina.
Top companies added employees at 3% CAGR from 2003-04 to 2013-14, while revenues grew at 18%.
Special 301 Report expresses concern over weak IPR laws, to conduct reviews.
Modi is practical person... If he comes in, he will revive the economy and create jobs, says Sanjay Suri.
The paper will invite comments on whether or not the royalty ceiling applicable till 2009 should be re-imposed.
Adverse IPR report expected this week;Poor labelling could take fight to WTO
Components manufactured in India are low-value products like casing and box packaging that constitute 5% of the bill for materials required in phone manufacturing.
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