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ArcelorMittal scraps Rs 50,000 crore steel project in Odisha

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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

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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

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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

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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

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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

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.