After building a subscriber base of nearly 50 million in about eight chequered years, it finally gave up as it saw itself up against a 600-pound gorilla that breezed through double that many subscribers in a fraction of that time, says N Sundaresha Subramanian.
French giant might apply for multi-brand retailing if UK rival gets nod.
The sources said the matter should have been referred to the Cabinet Committee on Economic Affairs as foreign investments above Rs 600 crore (Rs 6 billion) can only be cleared by Cabinet Committee on Economic Affairs headed by the Prime Minister.
Dabhol power plant is a lesson on what to avoid while setting up large infrastructure projects.
The letter was written on February 20, two weeks after the Cabinet Committee of Economic Affairs had approved the 100 per cent ownership proposal of Vodafone Plc in Vodafone India, at a proposed investment of Rs 10,141 crore (Rs 101.41 billion).
To sell five Boeing 777s, replacing these with cheaper aircraft
The apex court issued notices to the Centre, ministries and departments concerned, Jet Airways and United Arab Emirate's Etihad Airways on the petition challenging the deal and sought their responses within four weeks.
Over the years, Mr Singh has got in and out of innumerable businesses, cutting across sectors. He is one businessman who I have always found to be in a start-up mode, says Bhupesh Bhandari.
Likely to seek FIPB approval to raise holding; deal could bring FDI of about $696 mn.
All FIPB records will now be digitised; old and unnecessary files will be weeded out
Singapore Airlines first approached the Tatas, its old choice for a venture in India, and was aware of AirAsia negotiations.
'We will continue to ask why Modi and his government were benefactors to this AgustaWestland company, why within 40 days they overturned the ban?'
Chidambaram was competent to give approval of upto Rs 600 crore but he gave the approval which was worth approximately Rs 3,500 crore
Since August 2013, FIPB has approved two FDI proposals in the telecom sector.
The complaint alleges that Thakur misused his position as IG and both, he and his wife, possessed properties disproportionate to their income.
The street leading to the Golden Temple gets a makeover that takes you back in time.
Norms limiting airlines' stake in SPVs managing airports to hurt Tatas.
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
Abu Dhabi national carrier had bought 24 per cent stake in Jet Airways for $379 million in April.
Sources estimate there could be about 60 applications at the department of industrial policy and promotion for up to 49 per cent foreign direct investment in single-brand retail.
FDI in brownfield investment has resulted in acquisition of domestic drug-manufacturing firms by multinational companies.
FIPB rejects proposals from firms that have not divulged details of beneficial ownership or source of funding
'No one needs to lose sleep if a person with better operational credentials supersedes lesser endowed peers,' says Group Captain Murli Menon (retd).
Auto, tourism exceptions but major sectors otherwise saw decline in FY13 inflows.
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Retail giant Tesco's entry into Indian market has hit a regulatory roadblock.
Regulator believes Jet Airways deal triggers open offer
The military continues to battle difficult circumstances in Kashmir. Let's not add to their woes by spreading half-baked stories, factually incorrect posts and inaccurate articles.
After clearance in 2012, single-brand showpiece still to decide on a single location, with first store unlikely before 2017.
India already allows 100 per cent ownership of greenfield pharma businesses.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Paving way for closure of long-pending Jet-Etihad deal, fair trade regulator CCI on Tuesday approved the proposed acquisition of 24 per cent stake in the Naresh Goyal-led Indian carrier by Abu Dhabi-based airline.
There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.
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.
IT majors along with metal names Sesa Goa and Hindalco buck trend.
Bharti will move FIPB soon for increasing Axa's stake to 49%
Inching closer to launch its operations, new no-frill carrier AirAsia India on Saturday took delivery of its first Airbus A-320 as it landed in Chennai after flying in from Toulouse headquarters of the European aircraft manufacturer.
While the FIPB has sought more transparency on whether the rules concerning effective control would be followed once the deal fructifies, the Finance Ministry has also written to Sebi for a report on the Jet-Etihad deal, official sources said Wednesday.
With response tepid so far from domestic investors, these funds might soon approach FIPB for approvals.
May include 'influencing a company's major policy decisions' in the current meaning.
There has been a decent growth in FDI proposals and new announcements in India to attract foreign investment.
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