Faced by criticism on its special economic zone policy, the government is preparing guidelines for acquisition of land from farmers for setting up SEZs.
US-based global investment banking major Goldman Sachs on Tuesday said it would invest one billion dollar in India for expanding operations in sectors like real estate and infrastructure.
Ahead of the Union budget, Godrej Group chairman Adi Godrej on Monday said the government needs to move toward implementing a goods and services tax regime besides taking measures to control inflation.
Funds are not a problem for the the modernisation of the Kolkata airport by the Airports Authority of India, Civil Aviation Secretary Ajay Prasad said on Tuesday.
Ludhiana's hosiery industry is all set for a global expansion with its products attracting French buyers who prefer Indian products than Chinese for sourcing directly to their country.
Leading hotels are taking all precautions but the unusual service the staff has been pressed into puts them at the forefront of COVID fight.
Swedish automobile major Volvo would be launching its cars in the country in the middle of 2007, Swedish Deputy Prime Minister Maud Olofsson said.
While asserting that the growth of coronavirus cases in the country has been more or less linear and not exponential, it also said testing has been ramped up consistently.
Kicking off its Rs 25,000 crore (Rs 250 billion) mega retail plans, Reliance Industries announced on Friday that its first store will come up in Hyderabad in September, which will be a vegetable and food store.
Ontario, Canada's largest province, on Monday invited Indian companies to invest in the region so as to tap the entire North American Market.
President A P J Abdul Kalam will inaugurate a two-day Indo-US Nanotechnology conclave on February 22-23.
"We are evaluating our plans for the next three years. To scale up our presence in India, we will invest significantly here," Hughes CEO Pradman Kaul told reporters on the sidelines of CII-CEOs Forum.
The Federation of Indian Airlines, the group formed by various carriers, has appointed Amitabh Khosla from CII as Executive Director to head its secretariat and plans to have a Director General later.
The government on Wednesday allayed fears of any adverse effect on India due to the currency controls imposed by Thailand, that triggered selling pressure in the Indian stock markets on Tuesday.
Afghan President Dr Mohammad Ashraf Ghani will be paying a three-day state visit to India beginning on Monday, during which he would meet Prime Minister Narendra Modi and attend delegation-level talks.
In comments that may be seen as pointers to the forthcoming Budget, a senior government official said that raising tax rates was no more an option.
'Price spike shaved 1 percentage point off GDP growth'.
He said the government was targeting to attract Rs 1,00,000 crore (Rs 1000 billion) as FDI in the next two years and an additional Rs 50,000 crore (Rs 500 billion) contribution to GDP each year.
The government on Friday said any freeze on number of Special Economic Zones would not be feasible given the country's demographic reality.
The government has identified 846 products for which the business community could have a partnership with panchayats for establishing rural business hubs based on Chinese model.
While the country's power sector faces an increased demand for electricity, industries in power-starved Maharahstra are exploring the option of using their own captive power plants to dilute the crunch.
The Auto Expo, touted as the largest auto exhibition in Asia, covering around 1,20,000 sq mt, would be held in New Delhi from January 10 to 17.
Amid opposition from the private sector to reserving jobs for SCs and STs, the government on Tuesday said it will not impose quotas on India Inc, but only wanted more "affirmative action" from the industry for the socially underprivileged.
India Inc was urged Wednesday to invest in rural India, which according to a McKinsey survey, will provide a market worth $500-600 billion by 2020.
After acquisitions in Europe and Africa in the last 12 months, the Godrej group is now looking at possible acquisitions in Brazil and Indonesia.
For the first time ever, India's second largest software exporter Infosys Technologies would aggressively scout for talent in US universities, from where it would hire 300 fresh graduates.
"Considering its geographical location, India, especially Delhi, has the potential to become a gobal hub for air cargo," Singapore Airlines Cargo Pte Ltd president Hwang Teng Aun said.
Housing Development Finance Corporation, a key home loan lender, on Monday said it is likely to increase interest rates by up to 100 basis points (bps) - 1% later this week.
Inviting investment from India, Vietnam on Monday said it was committed to building stable, transparent and free trade relations with all its trading partners.
Global management consultancy firm Deloitte said on Tuesday it would strengthen Indian operations by doubling its headcount to 12,000 and is open for acquisitions to garner 10 per cent of global revenues from the country by 2010.
The DMK parliamentary party appears to be a house divided, reports R Rajagopalan.
With Prime Minister Manmohan Singh favouring full float of the rupee, Finance Minister P Chidambaram on Monday said the government and RBI would in the next few days announce steps on capital account convertibility of the Indian currency.
Companies should focus on creating customer experiences for building brands rather than concentrating on products and services, a management expert said in Chennai.
