ArcelorMittal scraps Rs 50,000 crore steel project in Odisha
New Delhi: In the biggest foreign investment pullout, world's largest steel maker ArcelorMittal on Wednesday scrapped its USD 12 billion (Rs 50,000 crore) steel plant in Odisha over inordinate delays
Govt liberalises FDI limits in 12 sectors; 100 per cent allowed in telecom
New Delhi: Opening the doors to shore up foreign investments, the government on Tuesday liberalised FDI limits in a dozen sectors, including allowing 100 per cent in telecom and higher limits in 'sta
Finance Ministry proposes sweeping changes in FDI regime
New Delhi: Seeking to promote India as an investment destination, the Finance Ministry on Tuesday proposed sweeping changes in the FDI regime, favouring higher sectoral caps in almost all sectors inc
Jet-Etihad deal put on hold by Foreign Investment Promotion Board
New Delhi: The Rs 2058 crore deal struck by Jet Airways to sell 24 per cent of its stake to Abu Dhabi's Etihad Airways was put on hold on Friday by Government's foreign investment approving agency wh
Foreign investors should not be hurt by govt whims: Chidambaram
Boston: Affirming that foreign investors should not be affected by "whims" of governments, Finance Minister P Chidambaram has said that investment protection is guaranteed in India.
India has all the
Government favours foreign equity in limited partnerships
India's commerce and industry ministry has favoured foreign investment in limited liability partnerships and floated a discussion paper inviting comments from all stakeholders before taking a policy