Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «fdi»

21 June, 2018 3:59 AM Vodafone-Idea merger: DoT receives legal view on issue of raising demand for dues

Idea and Vodafone have decided to combine their operations to create the country's largest telecom operator worth over USD 23 billion. The telecom department has received legal opinion on the issue of raising demand for dues pertaining to Vodafone, ahead of the proposed mega-merger of Vodafone and Idea Cellular in the Indian market, according to a senior 50

14 June, 2018 5:05 PM Additional capital to aid growth in rural areas: HDFC

‘Decision bodes well for investment climate, foreign inflows’ Private sector lender HDFC Bank said on Thursday the capital it plans to raise would be mainly to support growth in semi-urban and rural areas. On Wednesday, the government approved the lender’s proposed ₹24,000 crore capital plan. Since this was an FDI proposal in excess of ₹5,000 crore not under 43

13 June, 2018 1:26 PM HDFC Bank gets Cabinet nod to raise Rs 24,000 crore as FDI

The Union Cabinet on Wednesday approved foreign direct investment (FDI) worth Rs 24,000 crore for HDFC Bank. This is including the premium, over and above the previous approved limit of Rs 10,000 crore, such that the composite foreign shareholding in the bank shall not exceed 74 percent of the enhanced paid-up equity share capital of the bank, said Finance 39

8 June, 2018 4:29 PM FDI rose to $61.96 bn in 2017-18: Govt

Foreign direct investment (FDI) in India increased by about 3% to $61.96 billion in 2017-18 on account of steps taken by the government to improve business climate and liberalised policy norms. FDI inflows stood at $60 billion in the previous fiscal. The figure includes equity inflows, reinvested earnings and other capital. Department of Industrial Policy 45

8 June, 2018 8:19 AM FDI in India rises to $61.96 bn in 2017-18: Govt

FDI inflows stood at $60 billion in the previous fiscal. Foreign direct investment in India increased to $61.96 billion in 2017-18, DIPP Secretary Ramesh Abhishek said on Friday. He also said during the four years of the Modi government, foreign inflows jumped to $222.75 billion from $152 billion in the previous four-year period. However, according to an UNCTAD 35

4 June, 2018 4:41 PM Idea gets nod to raise FDI limit

Idea Cellular Ltd. on Monday received approval from the Department of Telecom (DoT) to increase Foreign Direct Investment (FDI) limit in the company to 100% from the current 67.5%. “The approval is for total foreign investment up to 100% in Idea Cellular Ltd., and total indirect FDI in its relevant subsidiaries — Aditya Birla Telecom Ltd. and Idea Cellular 38

3 June, 2018 12:13 AM India's Global Prestige Increased Under Modi Government: Ravi Shankar Prasad

Ravi Shankar Prasad was talking to reporters on the completion of four years of the Modi government and enumerated its various achievements. Muzaffarpur (Bihar): Union Minister Ravi Shankar Prasad Saturday said India's global prestige has increased during the four years of the Narendra Modi-led NDA government. "India's global prestige has increased during 46

10 May, 2018 10:13 AM CPI(M) opposes Walmart acquisition of 77% stake in Flipkart

Accusing the Narendra Modi government of "naked betrayal" of all promises made by it on the issue of FDI in multi-brand retail sector over the proposed takeover of Flipkart by US retail giant Walmart, CPI(M) said today that "Make in India has now become Make for India". In a statement, the Left party said that the USD 16-billion acquisition of e-retailer 55

13 April, 2018 10:28 AM Indian economy is a lead-driver for trade growth globally, says global study

Called DHL Global Trade Barometer, the study has been developed jointly by DHL and Accenture. India’s trade growth remains the highest among a group of seven economies assessed by a study. The country’s economy will continue to drive growth not just in Asia but on a global scale with its rate of development proving resilient to almost any challenge 55

27 March, 2018 4:24 PM Complete roadmap on 5G will be ready by June: Telecom Secretary

‘Forum to also study related areas such as spectrum policy’ India wants to take a lead position in adopting 5G technology and will prepare the roadmap for it by June, said Telecom Secretary Aruna Sundararajan. “A high-level forum on 5G, which includes global experts, industry experts, IITs, IISc, has already commenced work and done a fair amount of deliberation 45