New Delhi: With an eight-fold increase, India attracted foreign direct investment (FDI) of $ 8.1 billion in March, the highest ever monthly inflows, despite a brouhaha over Rs 11,000 crore Vodafone tax dispute. Cumulative FDI inflows for the fiscal 2011-12 amounted to $ 36.50 billion, authoritative sources said. In March 2011, the country received FDI worth $ 1.07 billion. The $ 7.2 billion Reliance Industries-British Petroleum (BP) deal, announced in...
10:29 PM, May 09, 2012
Mumbai: The cabinet will shortly consider a proposal to allow foreign airlines to pick up stakes in cash-strapped domestic carriers, local media reported on Monday, citing unnamed government officials. The Economic Times newspaper reported on Monday that the industry ministry has circulated a draft cabinet note for inter-ministerial consultation after a nod from the civil aviation ministry. The Department of Industrial Policy and Promotion (DIPP) has argued foreign airlines be...10:35 AM, Oct 24, 2011
The Centre has asked industry to show its performance on implementing reservation in the first three months of 2007 ...12:14 PM, Mar 07, 2007
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