The government clears a slew of major pending reform proposals, including the politically contentious 51 per cent FDI in multi-brand retail. ...
11:39 PM, Sep 14, 2012
New Delhi: The Manmohan Singh Administration has made a crucial change in a key requirement for allowing a foreign company to start a fully-owned single-brand retail business in India. When the government had cleared 100 per cent Foreign Direct Investment (FDI) in single-brand retail earlier, it had stipulated that 30 per cent of the value of the products being sold must be sourced from small and medium industries in India....
10:53 PM, Sep 14, 2012
New Delhi: In the boldest decision taken by Prime Minister Manmohan Singh in UPA-II, the government has bet big on crucial reforms that are bound to bring a big cheer from industry. However, the move has also put the government in troubled water politically with the Opposition and some key allies voicing strong differences. Just like Manmohan Singh had put the survival of his government at stake over the Indo-US...
09:30 PM, Sep 14, 2012
New Delhi: The Government's decision on Friday to allow up to 51 per cent foreign direct investment in multi-brand retail comes with a clever move to diffuse potential opposition from UPA allies. The new policy clearly says that each state government has the right to decide whether to implement the policy or not. For those of the UPA allies who are in power in the states " most notably, Mamata...
08:54 PM, Sep 14, 2012
New Delhi: Prime Minister Manmohan Singh on Friday justified the decisions on allowing FDI in multi-brand retail and some other areas, saying these were aimed at pushing economic growth and generating employment in "difficult times". He said the steps had been taken in national interest and sought support of all segments on this. "The Cabinet has taken many decisions today to bolster economic growth and make India a more attractive...
08:25 PM, Sep 14, 2012
New Delhi: In a major decision to liberalise the broadcast sector, the government on Friday decided to raise FDI cap to 74 per cent in various services of the sector, except the TV news channels and FM radio where the cap of 26 per cent will apply. The decision of the Cabinet Committee on Economic Affairs (CCEA) will apply to broadcast carriage services providers, including Direct-to-Home, Head-end in the Sky...
07:34 PM, Sep 14, 2012
New Delhi: In a big bang economic push, the government on Thursday approved 51 per cent foreign direct investment (FDI) in multi-brand retail. The government, however, left the option on the states to invite multi-brand retails. Here is the full text of the decision taken by the government at the Cabinet Committee on Economic Affairs meeting: Permitting FDI in multi-brand product retail trading The Cabinet has approved the proposal of...
07:03 PM, Sep 14, 2012
New Delhi: In a major decision signalling the end of policy paralysis in the UPA government, the Cabinet Committee of Economic Affairs (CCEA) on Thursday accepted 51 per cent foreign direct investment (FDI) in multi-brand retail. The government has, however, left the option to invite multi-brand retail on the states. There is an opt out clause in the FDI in multi-brand retail, which has been the most contagious of the...
05:57 PM, Sep 14, 2012
New Delhi: "Na bhagwan ne sur diya hai, na taal diya hai", complains a reluctant Ranbir Kapoor before entering the studio to belt out four really snazzy verses of a song that basically translates to 'kickass'. His fear is assuaged by the cast that assures him that with new technology his voice can be modulated to sound musical. The result is a nipple-massaging (check out the video, you will know),...
08:43 AM, Sep 13, 2012
New Delhi: The Supreme Court is expected to deliver its judgement on the framing of media guidelines for reporting court proceedings of sub-judice matters on Tuesday. This issue was referred to the apex court after the leakage of certain documents to the media relating to dispute between Sahara group and market regulator SEBI. However, the court expanded its ambit to others who were hurt by the broadcast of sub-judice matter....
08:29 AM, Sep 11, 2012
Mumbai: After a successful innings in the southern film industry, Ileana D'Cruz wants to make it big in Bollywood. With plans to settle here, she is looking for a perfect pad for herself in the city of dreams. Her first Bollywood release is 'Barfi!', which is coming out Sep 14. In the Anurag Basu directed movie Ileana will be seen sharing screen space with Ranbir Kapoor and Priyanka Chopra. "My...
02:15 PM, Sep 10, 2012
New Delhi: The External Affairs Ministry has taken note of the New Jersey NRI custody row and stepped in. External Affairs Minister SM Krishna has sought a report from the Indian mission in the US over its childcare services after an 11-month-old child was taken away from his NRI parents. Debasish Saha and his wife have been restricted from visiting their child after he was admitted to hospital with a...
01:25 PM, Sep 10, 2012
Chicago: Emily and Mike Jordan couldn't help but feel anxious. More than two years before, at age 29, Emily had been diagnosed with cervical cancer. But just before she was to undergo a radical hysterectomy, she was told that she was pregnant. Faced with saving her life or their unborn child's, the young couple made the excruciating decision to go forward with her surgery. It meant losing the baby and...
05:19 AM, Sep 08, 2012
The BCCI is planning constitutional changes to enable the elevation of Jaitley. ...
06:53 PM, Sep 07, 2012
The invitation to tender and the bid document can be acquired from the BCCI from September 7. ...
11:18 AM, Sep 06, 2012
Detroit: When DC Comics decided to blow up its fabled universe and create a brave, diverse future, Geoff Johns drew from the past for a new character: his own background as an Arab-American. The company's chief creative officer and writer of the relaunched 'Green Lantern' series dreamed up Simon Baz, DC's most prominent Arab-American superhero and the first to wear a Green Lantern ring. The character and creator share Lebanese...
12:59 PM, Sep 04, 2012
