Dhaka: Fifty Indian investors, including the Tata, Birla and TVS groups, have sought a special economic zone (SEZ) to be set up in Bangladesh for joint ventures. A visiting business delegation of the Confederation of Indian Industry (CII) on Monday proposed that the Bangladesh government establish a SEZ for them to house joint venture (JVs) industries.
The reaction of Bangladesh government was positive about the proposal.
Commerce Minister Faruk Khan said: "I proposed to the Indian businessmen to propose establishing an SEZ in Bangladesh, because many Indian entrepreneurs have already expressed their interest to invest in Bangladesh."
"We want foreign investment now," Khan was quoted as saying by The Daily Star....more
01:03 PM, May 10, 2011
Mumbai: Upendra Kumar Sinha on Friday took charge as market regulator SEBI's Chairman from the outgoing Chief Chandrashekar Baskar Bhave, who is said to have considerably raised the bar of the institution during his three-year tenure. As the 8th Chairman of the market watchdog, 'UK', as he is known among his friends, he has a tough task cut out for him, since his predecessor had placed the institution highly above...
05:36 PM, Feb 18, 2011