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Home ministry red flags FDI in sensitive areas of Indian railways
The Home Ministry has raised objections in allowing foreign direct investment in highly - sensitive areas of the Railways sector, saying such a move may compromise security of the country's largest transportation network. The objection came after the Commerce and ...
Defence ministry suggests 49% FDI in defence sector
The defence ministry has suggested raising the cap in FDI in defence sector to 49 per cent from 26 per cent now to help in developing partnerships between Indian and foreign military hardware manufacturing firms. The ministry is in favour ...
FDI in defence cos to remain at Aug, 2013 level
New Delhi: The government on Thursday said that companies engaged in defence manufacturing will not be allowed to further increase foreign portfolio investment beyond August last year level. "FPI/FII (through portfolio investment) in companies holding defence licence as on 22 ...
Tesco applies to open supermarkets in India in JV with Tatas
UK-based retail giant Tesco today filed the first multi-brand retail application seeking to invest USD 110 million to open supermarkets in the country with Tata Trent. The Department of Industrial Policy and Promotion (DIPP) under the Ministry of Commerce & ...
FDI rises 16% to $1.44 billion in June
New Delhi: Foreign direct investment (FDI) into India increased by about 16 percent year-on-year to USD 1.44 billion in June, which is the lowest figure during the calender year. In June 2012, the country had received FDI worth USD 1.24 ...
Measures to promote MSME export on anvil
New Delhi: The government is contemplating additional incentives for the MSME sector with a view to boost exports and to help arrest the decline in value of rupee, which has breached 63 to a dollar mark Monday. "The Committee of ...
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