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Govt. clears FDI worth Rs 1,034 cr
The government cleared two foreign direct investment (FDI) proposals associated with single brand retail in the Foreign Investment Promotion Board (FIPB) meeting held on January 20. Canali Holding of Italy, a men's clothing chain of Italy, will set up a joint venture company with 51 per cent foreign equity participation in single-brand retailing with an investment of Rs 7.65 crore. The board has also

Government approves $209.3 mln FDI proposals - govt

The Indian government on Friday approved 10.34 billion rupees worth of foreign direct investment proposals, the finance ministry said in a statement.In Images: What's fresh in the New Chevrolet Tavera

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Govt to consider 49 pct FDI in aviation soon: minister

India's aviation ministry will soon move a note to the cabinet to allow foreign airlines to buy stakes of up to 49 percent in Indian carriers, Civil Aviation Minister Ajit Singh said on Tuesday.If the

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Cancellation of 2G licence a relegating development for sector

The Supreme Court has delivered a landmark verdict by cancelling all 122 telecom licences the government issued in January 2008. The judgment by the country’s apex court will have broader

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Law of the Junglee

Here comes Amazon.com at last, sidling into India with Junglee.com. It is a suspiciously low-key entry, like a sneaky gambit in chess where a pawn footles forward only to clear

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Amazon flows into India via Junglee route

Amazon.com on Thursday flowed into India — not on its own but by using one of its offshoots. The world’s largest online retailer dusted off a website, Junglee.com, it bought 14 years

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