The 26% FDI cap in defence projects was a big disincentive for the establishment of major joint ventures, said Alan Malpas, regional director at the UK Trade & Investment Defence & Security Organisation.
(3 months and 9 days ago)
Commerce minister Anand Sharma has also backed the idea of raising the FDI cap in the defence sector to at least 49% to enable the country emerge as a major producer.
(23 days ago)
With passing of Insurance Amendment Bill in Lok Sabha, the sector is hopeful to see the increase in the FDI limits from 26% to 49% in the Budget.
(2 months and 26 days ago)
Continuing the reform push, the government is considering further liberalising foreign investment cap in various sectors, finance minister P Chidambaram said today.
(2 months and 3 days ago)
Pitching for higher FDI limit in India's insurance sector to 49 per cent, a global body of insurers has said the hike will generate more jobs and enhance the country's standing in global financial markets.
(2 months and 15 days ago)
Walmart continued to lobby with the American lawmakers over Indian retail FDI rules during the first quarter of 2013, even as a probe is underway into the global retail giant's US lobbying activities for facilitating its India entry.
(26 days ago)
The Centre today submitted before Madras High Court that it would take "some more time" for the conclusion of the probe by Enforcement Directorate into alleged violations of forex laws by the American retail giant Walmart in its investment in two Indian firms.
(2 months and 19 days ago)
Former Cronulla coach Ricky Stuart has voiced his support for the Sharks, as the club prepares to deal with fresh allegations of salary cap breaches. There are reports the Sharks recently cut ties with sponsor and security provider E Group Security, who it is alleged helped to top up money for star players outside the salary cap.
(2 months and 12 days ago)
From Mirror staff reports The brother of an Altoona man charged with impersonating a DEA agent and stealing cash and drugs is now behind bars. Altoona police allege Shawn T. Espenlaub, 33, of 610 Fifth Ave.
(19 days ago)
A criminal investigation has been launched into alleged spending violations by the former vice-president of Russia’s Olympic Committee, investigators announced Wednesday.
(1 month and 8 days ago)
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