Saturday, January 29, 2011

'Auction natural resource licences'

'Auction natural resource licences'

'Auction natural resource licences'

Posted: 29 Jan 2011 02:52 PM PST

An NGO has moved the Supreme Court for mandatory auctioning of all lease rights relating to natural resources.

TCS boss set to advise PM on skill development

Posted: 29 Jan 2011 02:45 PM PST

TCS vice-chairman S Ramadorai is all set to be appointed an adviser to the PM on skill development as part of a government-led initiative to impart more training to the workforce.

Retail FDI must wait: Anand Sharma

Posted: 29 Jan 2011 02:44 PM PST

Opening of Indian multi-brand retail business to foreign investment will have to wait, commerce minister Anand Sharma advised global retail giants asking them to instead focus on developing back-end operations.

24 countries vow to wrap Doha talks by '11

Posted: 29 Jan 2011 02:39 PM PST

Trade ministers from 24 WTO member countries, including India, on Saturday agreed to step up efforts to conclude the Doha round of liberalization talks by the end of the year.

Vedanta to miss Cairn India takeover date

Posted: 29 Jan 2011 02:32 PM PST

The PM's January-end deadline for clearing Vedanta Resources' plan to take control of Cairn India, the Indian arm of Scottish explorer Cairn Energy Plc, is going to be missed.

Policy shift: Govt to auction spectrum

Posted: 29 Jan 2011 11:26 AM PST

Telecom minister Kapil Sibal on Saturday announced that in future, all spectrum allocation for 2G mobile phone services would be auctioned, not come free with telecom licences.

Inflation dulls India star, unnerves foreign investors

Posted: 29 Jan 2011 05:57 AM PST

Soaring inflation and rate rises are starting to hit corporate margins in India, tempting more foreign fund managers to slash holdings in favour of markets that can better capitalise on the global economic recovery.

Invest in back-end infra: Sharma to Wal-Mart, Tesco

Posted: 29 Jan 2011 05:55 AM PST

India has told global retail chains like Wal-Mart and Tesco that they should invest in the back -end infrastructure, even as the issue of opening multi-brand retailing to foreign direct investment (FDI) is under "active consideration" by the government.

Mobile tariff may go up; spectrum delinked from licence

Posted: 29 Jan 2011 01:37 AM PST

As of now the telecom operators were getting spectrum bundled with the telecom licenses which had paved the way for low tariff regime and intense price war among the service providers.

Morgan Stanley fund to invest $200m in Indian firm

Posted: 28 Jan 2011 11:04 PM PST

Morgan Stanley's Global Infrastructure Fund will invest $200 million for an equity stake in the Indian arm of privately held Spanish construction firm Isolux Corsan, claims a report in the Economic Times.

Switzerland to share tax information with India: Swiss official

Posted: 28 Jan 2011 10:24 PM PST

India and Switzerland in August last year signed a revised Double Tax avoidance Agreement that will enable exchange of information on tax evaders, a must for getting details on unaccounted funds stashed away by Indians in Swiss banks.
Posted by Harshad at 9:09 PM

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