Tesco proposal entailing investment of $110 million has been cleared, sources said after the FIPB meeting held in New Delhi.
Passengers coming to India and not carrying dutiable goods will not have to fill up customs declaration form from Friday.
More than half of Mallya's total package for 2015 has been paid by Mendocino Brewing Company for 'promoting' the company's beer brands
The details Mallya filed earlier in his disclosure statement about his foreign properties do not have reference of cash in hand or bank details
Wants details of Vijay Mallya transactions over 4 years
Between April and August, it issued request seeking LoC against 147 individuals to prevent them from leaving the country, the bank said in response to a Right to Information query filed by Pune-based activist Vihar Durve.
'The recalculated ranking showed India should have had a higher ranking earlier (113 in 2012 instead of 132) and lower ranking later (114 in 2018 instead of 100).' 'This would mean that there has been no change in India's climate of doing business across two regimes.' 'This is exactly consistent with the reality on the ground,' observes Debashis Basu.
Nitish Kumar has to eschew disastrous experiments with prohibition and reservations in the private sector. Unless he is dissuaded from pursuing these flawed measures, he will pave the way for Bihar to again become a part of the BIMARU group of sick states, says Amulya Ganguli.
The BJP still does not have a majority in Upper House of Parliament, the Rajya Sabha, and this will pose hurdles to the party's legislative reform agenda
UK-based retail major Tesco Plc on Tuesday filed the first application for setting up multi-brand retail outlets in India.
The court had on January 4 declared Mallya a proclaimed offender for evading summons in a FERA violation case after noting that he failed to appear before it despite repeated summonses.
The ED has pressed charges under various sections of the Prevention of Money Laundering Act against Mallya and others named in the CBI complaint
While the number of active COVID-19 cases stood at 6,039, as many as 515 people have been cured and discharged, and one had migrated, it said. The total number of cases include 71 foreign nationals.
Mallya showed his net worth at Rs 615 crore, mainly in shares and bonds.
Why doesn't anybody ask the PSU State Bank of India under RTI on how much they are spending on legal fees trying to recover money from me in the UK when I have offered 100 per cent payback in India, asked Mallya.
'If Khan Market today -- a neon-drenched spectacle of blingy shops and pricey eateries -- is what it is, it's not due to the dramatic shift in political dispensations, but because free-market India is another country,' notes Sunil Sethi.
Tesco, which has sought the government's permission to buy 50 per cent stake in Tatas-owned Trent Hypermarket Ltd, will have to invest atleast $55 million in creation of fresh back-end infrastructure.
Officials of 17 banks which gave loan to Kingfisher Airlines and UB Group are also under the agency's scanner
It also pledged to give interest free crop loan of up to Rs 3 lakh to farmers.
India's majoritarian regime is now making a dangerously fast-paced move towards theocracy, like its western counterpart did a few decades ago, warns Mohammad Sajjad.
'Votes-for-notes no longer only means cash and goodies for fence-sitting voters,' points out Sunil Sethi.
BJP spokesperson alleges that the then Principal Secretary to Prime Minister Pulok Chatterjee would "snatch files" from Dr Manmohan Singh to take it to 10 Janpath, Sonia Gandhi's residence.
Soon after acquiring strategic management control of Vijay Mallya's crown jewel, United Spirits, Diageo has swung into action, making up for years of lost time in trying to figure out the Indian market.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices added 0.6% and 1.3%, respectively to touch their fresh lifetime highs.
The French envoy was notified about "discrimination" towards Russian citizens, it said, adding that "further fanning of anti-Russian sentiments" could damage relations between France and Russia.
'Oommen Chandy may well prove to be the Teflon chief minister whose reputation cannot be tarnished,' predicts Ambassador T P Sreenivasan.
Goa Chief Minister Manohar Parrikar on Wednesday ruled out banning wearing of bikinis on the state's beaches, a day after a minister in his government advocated such a measure, but said drinking of liquor in public places will be prohibited.
The bench said the law in question was only 'targetting' married women and not the men who can have relationships with unmarried women, widow and married women with the consent of their husbands.
In a strong retaliation, India on Tuesday initiated a slew of steps to strip US diplomats and their families of privileges including withdrawing all airport passes and stopping import clearances for the US embassy, terming as "barbaric" the arrest and strip searching of India's Deputy Consul General in New York Devyani Khobragade.
Sunanda K Datta-Ray considers them sound in theory, but incapable of making any dent in the corruption that is India's way of life.
Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms and foresees up to five years in jail for debtors who conceal property or defraud creditors
DIAL has filed four cases against Mallya over KFA's cheques totalling Rs 7.5 crore not being honoured.
Diageo-USL integration pushed by at least two months; Firm likely to rework agreements and seek approval again
Some overseas investors refuse to be part of roadshows, citing environment risks
The political row over the Rafale deal intensified on Tuesday with the Congress and Bharatiya Janata Party trading barbs over it.
Mallya and his group firms are already facing a probe by Enforcement Directorate for alleged diversion of loans taken by long-grounded Kingfisher Airlines
Mergers to create at most six state banks
'Narendra Modi knows that the Congress without the Gandhis is a more formidable and more dangerous adversary.'
The Election Commission has a fight on its hand as candidates use ingenious methods to smuggle in money to Voters.
