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FDI proposals drop after multi-brand flip flop
The value of foreign investments sought in December 2011 dropped to a fourth of those in November 2011. That’s quite a contrast with the continuous increase in the value of FDI proposals reaching the Foreign Investment Promotion Board (FIPB) in the finance ministry after July 2011. This may not be coincidence, point out analysts, as the level of FDI requests fluctuated with some key policy announcements. Analysts

Sun Pharma arm opts for rights issue to conduct clinical trials in US

In the first initiative of its kind, Sun Pharma Advanced Research Company (SPARC) will issue additional shares to its existing shareholders to raise funds to conduct clinical trials in the

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MoU signed for setting up BCIM council

Kolkata, Feb 19 (IBNS) The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), China Council for the Promotion of International Trade (CCPIT) Yunnan Sub-Council, Confederation of Indian Industry (CII) Eastern Region and Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry signed an agreement for setting up the Bangladesh China India Myanmar (BCIM) Business Council to strengthen friendly relationship and cooperation in economic, trade and investment between the countries on Sunday in Kolkata.

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Five Indians held in Ghana
, Feb 19 (IANS) Five Indians and 31 other foreigners were arrested in Ghana for flouting investment laws, the authorities said.

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International leather fair starts in Kolkata

The India Trade Promotion Organization (ITPO) along with Indian Leather Products Association (ILPA) and Council for Leather Exports (CLE) organized '17th International Leather Goods Fair' here on Saturday.

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'Opportunity for Indian leather exports in Europe, US'
There is an opportunity for Indian leather goods export community to bag some additional orders from Europe and the US as China, a major exporter, is struggling following rise in production costs and labour problems, an export council official said Saturday.

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