A sense of urgency can be detected in the Congress-led UPA government's attempt to shift its policy stance with a series of initiatives aimed at reinforcing its image as a government for the common man.
Ahlstrom, a global market leader in high performance fibre-based materials, has signed an MoU with Mundra Port and special economic zone of the Ahmedabad-based Adani group for 50,500 Sq Mtrs area in the Textile and Apparel Park.
There are no major announcements in the Union Budget 2014-15.
With the government asking the companies to operate with only 50 per cent staff strength, and exports dipping to almost zero, the truck and bus drivers idling at the petrol pump say they hardly have any work now. At a petrol pump on the deserted Bavla-Changodar highway near Ahmedabad in Gujarat, several trucks and buses are neatly parked in a row.
The IT and ITeS sectors expect a reduction in minimum alternate tax (MAT) and dividend distribution tax in the next month's Union Budget, a senior economist said on Tuesday.
The year 2018 is likely to be steady in terms of institutional investment into real estate
Ministry considering tax sops for India's first global financial centre, steps to liberalise futures and options markets.
Compact disk manufacturer Moser Baer said on Tuesday it will invest Rs 792 crore (Rs 7.92 billion) in its wholly owned subsidiary Moser Baer Photo Voltaic Ltd.
With the listing of Mundra Port and SEZ (MPSEZL) on the bourses, the worth of Adani Group chairman Gautam Adani and his brother is Rs 39,051 crore (Rs 390.51 billion).
Real estate firm Ansal Housing and Construction Ltd plans to invest Rs 2,000 crore (Rs 20 billion) in the next four years to develop various projects, which include seven townships in Tier II cities.
The Bangladeshi prime minister said that India's sudden decision to stop onion exports has led to a bit of difficulty for her countrymen.
At a time when others are cutting on development of commercial property, plans to add 50% more of IT space.
Global computer major Dell on Thursday signed a memorandum of understanding with Tamil Nadu government to set up its first manufacturing plant to make desktop PCs in the Special Economic Zone near Sriperumbudur.
With the new SEZ policy in place, tax sops can only rise - the issue is whether these result in higher investment and jobs, or more corruption.
A victory will consolidate the position of not just the PM but also of his lieutenant BJP President Amit Shah, says Archis Mohan.
Tax exemptions to corporates result in revenue loss to state exchequer in 2014.
Investor wealth on Wednesday diminished by Rs 1.84 lakh crore amid massive sell-off in the equity market.
The government has said it will examine proposals for the simplification of procedures for export oriented units and special economic zones in a time-bound manner.
I-T dept has asked for Rs 5,357 crore ($865 million) alleging the company had suppressed its revenue for FY09 to evade taxes
The 13 firms under consideration had nearly a million employees as of March 2018, including contractual and temporary workforce.
In a bid to promote India as an important trading hub, the government will soon put in place free trade warehouses to facilitate international traders in export activities.
The sops being given to the IT firms in metro cities should be extended to companies in tier 2 and 3 cities as it will generate greater employment opportunities and boost growth, industry body Nasscom has said.
CII, in a communication with the state industries department, cited it had a packed schedule for the year and the dates frozen for the Make in Odisha conclave clashed with a major national summit hosted by the industry body.
Minister of Commerce and Industry Arun Jaitley exhorted US businessmen to focus their attention on India, as it had an attractive foreign direct investment regime.\n\n\n\n
While the tax holiday for the factory coming to an end might be a factor, many say the business model of Microsoft (which acquired Nokia's handset division last year), as well as freebies offered by the Vietnamese government, might also have played a role.
Finance Minister P Chidambaram in his Budget speech said the government will soon bring out a Special Economic Zone Bill and a new trade policy. Take the Rediff Business Quiz and find out how much you know about the special economic zones in India.
The conglomerate, which has received environmental clearance for the project, plans to invest around Rs 1,500 crore in it.
Import curbs on Chinese panels and modules may help, but low demand and capacity remain problem areas, says Shreya Jai.
The World Bank is eager to double its assistance to India to about $3-4 billion this fiscal, of which $2 billion could be for infrastructure development alone.
