DIPP had proposed 100% FDI in Railways, which it had to now scale down to 74% in certain areas
Firms are still barred from holding board positions in the special purpose vehicle that will develop the airport.
The proposed tax exemptions and benefits notwithstanding, these new investment instruments would still be 'revenue accretive' for the government in the form of additional taxes.
To save promoters from 10% levy, 70 firms call board meetings on interim pay.
Congress vice president Rahul Gandhi on Friday came under attack in Lok Sabha, with the government accusing him of "playing politics of deception" and "misleading" the House over a mega food park project in his constituency Amethi, evoking strong protests from Congress members.
It doesn't matter that the man who has been given charge of Jayalalithaa's portfolios today started out opposing her.
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we are facing a situation of empty coffers but eagerness to expand.
Real estate investment trusts may not be attractive enough.
An investment vehicle lining up a $2 billion package to help bail the boss of India's troubled Sahara out of jail said it expects to ultimately take control of landmark hotel assets like New York's Plaza after the conglomerate fails to repay lenders.
Road Transport Minister Nitin Gadkari known for promoting innovative ideas in transportation, created a stir some time back when he pitched for 100 per cent electric mobility by 2030. In an interview with Megha Manchanda & Jyoti Mukul, he talks about the Central Road and Infrastructure Fund (CRIF) and electric vehicles.
IFC will act as a transaction advisor for the projects to be developed in the public-private partnership mode.
The only way out for DMRC would be if the lenders, a consortium of 10 banks, find another concessionaire for the project
On day one of its stand-alone operation of the airport line, Delhi Metro Rail Corp on Monday assured commuters of an uninterrupted service by taking journalists on a ride.
Lines up a $1-billion capital expenditure plan for exploration purposes abroad.
Railways, rural infrastructure, urban rejuvenation, solar and transmission and distribution of electricity are the new priorities, says Vinayak Chatterjee.
With the Union government clearing the way for foreign direct investment (FDI) in the railways, the Railway Board is devising a plan for operations, maintenance and construction projects.
Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.
Apart from the much-reported constitutional and political hurdles on a national Goods and Services Tax (GST), there is another basic one. Barely half of dealers in the country have a Permanent Account Number (PAN) from the tax department.
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
The BJP accused the Congress leader of playing politics in the matter.
The I-T department said NuPower's balance sheet did not substantiate the high premium paid by Singapore-based DH Renewables for its shares, and suspects it could be a case of round-tripping of unaccounted income by NuPower.
Over-expansion, bad management, and multiple allegations irreparably taint Malvinder and Shivinder Singh
'No one institution can cleanse it: Not the courts, government or activists.' 'And least of all the Indian Police Service,' argues Shekhar Gupta.
The TDP chief said he tried to speak to Prime Minister Narendra Modi as a 'courtesy' to inform him about the decision to quit but he did not come on line.
Exit from Delhi Metro's airport express line
Modi government must fix policy paralysis.
The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.
Seeking urgent steps by mobile operators to check call drops, regulator TRAI on Wednesday said their performance would be reviewed after 15 days and warned it will "cross the bridge" if they fail to do the needful.
Norms limiting airlines' stake in SPVs managing airports to hurt Tatas.
AirAsia founder Tony Fernandes began talks with bankers to take Asia's number one budget airline private after a plunge in its stock price put $200 million worth of loans borrowed against AirAsia's shares at risk.
Dabhol power plant is a lesson on what to avoid while setting up large infrastructure projects.
Indian Railways need a facelift, says Suresh Prabhu.
Lukewarm response from private investors and turf battles between government agencies have resulted in delaying Modi's ambitions. Sahil Makkar reports.
All you have to do is visit www.digitalindia.gov.in
It also expects to get its REIT listed on the Singapore stock exchange next year.
Of the 538 projects examined, 294 suffered from cost overruns, 303 from time overruns, and 166 projects suffered both time as well as cost overruns.
Instead of giving away the airports to the private sector 'on a platter', state-run Airports Authority of India should form a subsidiary or a special purpose vehicle to grant management contracts to entities having expertise in the field, the panel recommended.
What is the National Herald case all about? Here's a ready reckoner.
The judge was also of the view that 'the gravity of the allegations levelled against petitioners (Sonia, Rahul and others) has a fraudulent flavour.
100 smart cities to become a reality as Cabinet approves the project, earmarks Rs 100 trillion for the purpose.
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