Govt accelerates efforts to attract FDI
The government has accelerated its activities to exert a pull on FDI in sectors like textiles, roads and other infrastructure. The government is concerned for 46 per cent decline in foreign investment during January-May 2009. Transport Minister Kamal Nath had said all obstacles would be removed to get foreign investment in the roads and highways [...]
Govt plans to ease FDI norms for DTH firms
The government plans to permit foreign institutional investors (FII) to put in more in stock exchanges and direct-to-home television (DTH) firms, in order to keep overseas funds in the country and attract more in an environment where overseas money is still hard to come. The news might finally become a reality, since the government plans [...]