Whatever the critics may say, the numbers suggest that India continues to be a favourite destination for foreign investors.
Efforts to initiate a double taxation avoidance agreement with Singapore has hit a roadblock. This is because of Singapore's reluctance to include an information-sharing clause in the agreement.
L&T-Infrastructure Development Projects Limited will divest 21.6 per cent stake to Silver Peak Investments (Mauritius) and an India Development Fund-led consortium for Rs 550 crore.
FinMin had, recently, notified changes in FDI rules that made prior approval of the government mandatory for foreign investments from countries that share a land border with India. Hong Kong was ranked 14th on the list of countries with FDI flows to India, contributing $4.2 billion between April 2000 and December 2019, the data from DPIIT shows. India received FDI worth $2.34 billion from China in the same period.
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Bank of America Merrill Lynch and JP Morgan are bankers for the bonds
As noted in January, flying with VIPs like the President, Vice President, Prime Minister etc is both onerous and fun.
The Central Bureau of Investigation on Thursday questioned advocate Gautam Khaitan, former board member of Aeromatrix, in connection with the bribery allegations in the Rs 3600-crore VVIP helicopter deal.
Hailing the Supreme Court verdict on tax exemption to Mauritius-based companies, the finance ministry said on Wednesday that it would help in higher inflow from foreign institutional investors.
"We won't shift the search area as this was confirmed by our experts based on the drift patterns of the recovered debris," Transport Minister Liow Tiong Lai said.
Chidambaram and his son Karti were named in the chargesheet filed by the Central Bureau of Investigation in the case on July 19.
As part of its vision to become a multinational corporation, State Bank of India is now scouting for more banks in South Asia and Africa while steadily consolidating its seven associate banks.
After taking over as Britain's prime minister, Theresa May has joined a small but growing band of female world leaders.
Despite impressive economic performance in the past two decades, India faces persisting challenges of poverty, equity, sustainability and opportunity, Prime Minister Manmohan Singh stated in his address after inaugurating the 11th version of the Pravasi Bharatiya Divas in Kochi.
Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.
Satwik Rankireddy and Chirag Shetty claimed India's first ever medal in men's doubles after settling for a silver at the 21st Commonwealth Games' badminton competition, in Gold Coast, on Sunday.
The Central Bureau of Investigation on Friday quizzed Satish Bagrodia, the industrialist-brother of former Union minister Santosh Bagrodia, who is the chairman of IDS Infotech, one of the suspect companies in the alleged bribery scandal in Rs 3600-crore VVIP chopper deal.
The ED said that Chidambaram has remained evasive and therefore grant of pre-arrest bail at this stage would be highly detrimental to the investigation.
The President has begun studying Constitutional and Presidential precedents in anticipation of a fractured mandate in next year's general election, reveals R Prema.
The monotony is awfully exhausting and drab in the absence of script, craft and nerve-racking unpredictability, feels Sukanya Verma.
The Chagos Islanders were forcibly expelled from their homes and dumped in Mauritius and Seychelles almost 50 years ago when their remote islands acquired a strategic importance during the cold war era. The Permanent Court of Arbitration has now given a ruling rejecting a claim by the British government that the court did not have jurisdiction in the matter.
Tomy has now been shifted to INHS Kalyani, the naval hospital of Eastern Naval Command, for observation and medical assistance as required.
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
The minimum threshold to come under GAAR will be Rs 3 crore.
ICICI Venture denied the allegations, noting it had extended the lifespan of the Dynamic India Fund III by three years
The stake of Data Access managing director Siddhartha Ray in the company will fall from 74 per cent to 57 per cent, even as the international long distance major is looking at newer markets including Pakistan and Mauritius.
General Electric company plans to convert its two arms in the country into wholly-owned subsidiaries even as it will expand activities of a third company, GE Power Controls India.
Daughter of former deputy PM late Jagjivan Ram, Kumar, 72, was also the first woman to occupy the high office of the LS speaker
Foreign Investment Promotion Board is understood to have deferred, two weeks, any decision on NDTV's proposal to offer 34.28 lakh fresh equity shares, aggregating Rs 52.88 crore.
The regulator last week reached out to custodians for beneficial ownership information of investors coming from China, Hong Kong, and 11 other countries.
This property has all the hallmarks of being owned and occupied by Vijay Mallya. A fleet of supercars making their way down the drive, hordes of people descending to party all night long and a constant delivery of goods and services.
A senior executive of GMR group confirmed that both the companies were keen to get out of the venture. Fraport has already closed its development office in India.
The vessel is slated to be the platform for the first Indian all-women global circumnavigation by the Indian Navy to begin in August.
This follows an investigation into alleged violations of foreign exchange rules involving foreign direct investment of Rs 85 crore and Rs 140 crore by JP Morgan India and Amrapali Group firms.
Concerned over several violations by overseas corporate bodies including misuse of Indo-Mauritius double taxation avoidance treaty, the Joint Parliamentary Committee, which probed the securities scam has highlighted the absence of regulation.
Over the last few days, as the fortunes of Thomas Cook Plc took a wrong turn, the Indian entity scrambled to distance itself from its erstwhile parent. Experts have said that the travel firm must not change its brand name.
Singapore has emerged as the most sought after destination for foreign direct investment by Indian companies, who invested over USD 500 million there in May.
Dismissing the charges levelled against him by Rajasthan Bharatiya Janata Party chief Ashok Parnami as "baseless", former Chief Minister Ashok Gehlot's son Vaibhav today dared him to come up with factual details.
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