Friday, Jan 30, 2015



‘Furniture, food and fitness are the emerging interests’
Fri, Jan 30, 2015 is focussed on capitalising the mobile and internet penetration and bringing small sellers online.

Encouraged by moves made by the govt: Lockheed Martin
Wed, Jan 28, 2015

Phil Shaw, chief executive, Lockheed Martin India, in an e-mail interview elaborates on the company’s strategy for its growth in India.

‘Tweaking of defence offset policy could catalyse manufacturing’
Mon, Jan 26, 2015

As foreign firms in the defence sector prepare to reap benefits from ‘Make in India’, there are concerns on India’s defence offset policy and lack of infrastructure, which need to be addressed to harness the true potential. Boeing India president Pratyush Kumar, in an interaction with Shruti Srivastava, discusses the firm’s India strategy and concerns […]

US Apex court decisions show that patent concerns are misplaced: IPA
Sun, Jan 25, 2015

IPA said that country’s intellectual patent regime conforms to the WTO norms.

Firms want ordinances to become laws soon: Diane Farrell
Sun, Jan 25, 2015

Companies are responding positively to the CEO-like focus of the PM on domestic economy, said Farrell.

Needed: A rental housing policy for migrant workers
Sat, Jan 24, 2015

With manufacturing growth, rented housing is necessary to accommodate the spurt in migrant workers.

Jumbo US biz delegation with Obama to boost trade ties
Fri, Jan 23, 2015

Apart from those travelling with Obama for the CEOs meeting, several top American CEOs are travelling to India separately.

Ministries ready proposals to boost ‘Make in India’ plan
Thu, Jan 22, 2015

Heavy industry, shipping, IT make a case for subsidies, tax breaks.

Overseas sale of assets may not be taxed in India anymore
Wed, Jan 21, 2015

Ministry is also considering whether business restructuring done abroad can be excluded from the retrospective amendments relating to indirect transfers.

Obama visit: India to push for relaxed visa regulations, totalisation pact
Tue, Jan 13, 2015

To urge the US for not extending the provisions of the country’s Border Security Act — which almost doubled the H1B and L1 visa fees — beyond 2015.

Overlaps in trade pacts leave industry in a bind
Tue, Jan 06, 2015

Multiple ‘rules of origin’ norms & ‘negative lists’ creating problems.

‘Today, nearly half the orders come from non-metros’
Mon, Jan 05, 2015

As rising mobile and Internet penetration pushes growth Amazon India is focusing on creating mobile-first experience for shopping online.

Consumer demand, capital flows to push e-tail growth
Sat, Jan 03, 2015

India is estimated to have over 243 million Internet users and 185 million users accessing the Internet using their mobile devices.

Affordable segment moves into focus as others
Sat, Jan 03, 2015

Reigning high realty prices take the sheen off premium segment.

Government likely to rollback sops to auto industry
Wed, Dec 31, 2014

The UPA-II had reduced excise duty on small cars to 8 per cent, SUVs to 24 per cent.

GST: Bill in House, now time to fix the back-end
Sat, Dec 27, 2014

The final integration with the common GST portal will happen only after the GST laws of both the Centre and states are ready.

Arbitration notices force govt to work on revising BIPA
Mon, Dec 22, 2014

The new model has adopted an enterprise-based definition, aligning the FDI policy with the BIT.

Narendra Modi to wow Barack Obama with ‘Make in India’ tableau
Fri, Dec 19, 2014

Later this month, the DIPP is convening a strategy meeting with various ministries and departments, which would be chaired by Prime Minister Modi.

HDFC Bank launches banking app for mobiles from Varanasi
Wed, Dec 17, 2014

The PM’s constituency seems to have become the new hot spot for corporate launches.

PAC raps I-T dept for surge in uncollected taxes, laxity
Mon, Dec 15, 2014

The proposal is pending with the law ministry.

‘Predictability in taxation policy and rules needed’
Thu, Dec 11, 2014

Given its strength in diamond polishing and processing, global companies are looking at deepening ties with India.

‘Our focus is the diamond jewellery and gifting market, which has a potential of $2-3 billion’
Thu, Dec 11, 2014

Anglo-Australian firm Rio Tinto is enthusiastic about the opportunities India has to offer even as its prime mining project...

DIPP to move Cabinet on merging FDI, FPI limits into a composite cap
Wed, Dec 10, 2014

The committee had recommended 49 per cent foreign investment through the automatic route in all sectors except defence, insurance and media.

FTA with Customs Union on the table during Putin visit
Tue, Dec 09, 2014

India will seek to steer the process for a comprehensive economic cooperation pact within the Eurasian Economic Commission.

Fast-track resolution of SEZ issues : PMO to ministries
Tue, Dec 02, 2014

Urges commerce and finance ministries to resolve the dividend distribution tax and minimum alternate tax issues at the earliest.

Govt set to iron out ‘thorny’ provisions in Companies Act
Fri, Nov 21, 2014

A draft Cabinet note has been floated by the corporate affairs ministry.

Trade policy review: WTO team set to visit India this week
Tue, Nov 18, 2014

The condition of domestic content requirement has attracted criticism from countries like the US, which have termed it as protectionist.

Govt to relax exit option for FDI in real estate
Fri, Nov 14, 2014

Currently, investors are permitted to exit on completion of the project or after three years from the date of final investment.

At G20 talks, India to come out strongly against ‘mandatory’ arbitration for tax
Thu, Nov 13, 2014

The issue of international arbitration for tax figures on the agenda of the talks on Base Erosion and Profit Shifting.

Automatic exchange of tax info, balanced growth on G-20 agenda
Tue, Nov 11, 2014

India will push for a reduction in the remittance costs of non-residents at the summit and seek a dialogue on gas markets.

Jayant Sinha sets himself a growth target
Tue, Nov 11, 2014

Jayant Sinha is the son of former finance minister Yashwant Sinha and a first-time MP.

Stringent Land Acquisition law to be amended even without Opposition’s support: Jaitley
Mon, Nov 10, 2014

The Land Acquisition Act was passed during the previous UPA regime with the then opposition BJP supported it in Parliament.

JLR owner Cyrus Mistry seeks nod to import ‘most beautiful’ 1971 E-type
Sat, Nov 08, 2014

TATA Sons chairman Cyrus Mistry has sought the government’s permission to import an E-type Jaguar of 1971 vintage, which was famously described by Enzo Ferrari, the founder of the eponymous Italian sports car manufacturer as “the most beautiful car ever made”. The permission has been sought from the Director General of Foreign Trade (DGFT) because, […]

Tax rates firmed up as GST gets set for 2016 rollout
Fri, Nov 07, 2014

Govt looking at 11% for Centre, 12% for states; may figure in Budget.

Jail term, severe penalties for guilty in black money in the works: SIT
Sat, Nov 01, 2014

In any other case, the rigorous imprisonment will not be less than three months and can be extended up to two years with fine.

Government says its hands tied, defers tax treaty signing
Thu, Oct 30, 2014

Govt says can’t commit on confidentiality until word from Supreme Court.