Invest

  • 10 commandments of successful investing 09-04-2014 05:16 PM

    Let me unveil the 10 commandments of successful investing today. These commandments strictly followed can make you a successful investor; make you richer. The successful legendary investors like Benjamin Graham, Warren Buffet have followed these principles, so why not you? 1. Decide your investment strategy and stick to it An...
  • Show Me The Money: Gaurav Gogoi has cash reserves worth Rs 76,000 04-04-2014 01:30 PM

    Congress leader from Kaliabor, Gaurav Gogoi has cash reserves of Rs 76,000 and bank deposits and investments ranging up to Rs 30 lakh. ...
  • Maharashtra replaces Gujarat as top investment destination: Assocham 03-04-2014 03:01 PM

    New Delhi: Maharashtra has emerged as the number one investment destination in the country replacing Gujarat, according to an Assocham report. Maharashtra attracted cumulative investment proposals of Rs 14,73,466 crore as on December 2013, while Gujarat drew proposals worth Rs 13,98,347 crore, an analysis by the industry group showed. The...
  • Rangarajan says 5.2 per cent growth in Q4 achievable 14-03-2014 01:41 PM

    The economy can grow an annual 5.2 percent in the quarter to end-March on higher farm output growth, the chairman of the Prime Minister's Economic Advisory Council said on Friday. C Rangarajan also said he expects the economic growth to pick up to 5.5-6 per cent in the fiscal year...
  • No relief for Subrata Roy from SC, next hearing on March 25 13-03-2014 04:09 PM

    New Delhi: In another setback for Sahara chief Subrata Roy, the Supreme Court on Thursday again deferred hearing on his contempt case saying it will only hear Sahara's plea against his detention when the company gives a proposal to refund the crores it owes to its investors. The hearing has...
  • US suspends trade, investment talks with Russia over Ukraine 04-03-2014 08:39 AM

    Washington: The United States has put trade and investment talks with Russia on hold as a rebuke for Russia's incursion into Ukraine, a US official said on Monday. "We have suspended upcoming bilateral trade and investment engagement with the government of Russia that were part of a move toward deeper...
  • Panel on coal linkages to meet on February 19 02-02-2014 11:44 AM

    New Delhi: An inter-ministerial panel will meet on February 19 to review the status of existing coal supply arrangements to the power and other sectors. "The meeting of the Standing Linkage Committee (Long-Term) for power/sponge/cement to review the status of existing coal linkages/letters of assurance and other related matters will...
  • Raman Singh promises to resolve investors' grievances 22-01-2014 08:58 PM

    Chhattisgarh Chief Minister Raman Singh has assured investors and entrepreneurs to address their grievances, including problems in approval for electricity, water, land and environment clearance. Singh also advised the industrialists to maintain a good communication with villagers of the areas where they are investing as part of Corporate Social Responsibility...
  • UK optimistic about India's retail policy, says UKTI 15-01-2014 08:40 PM

    A lot of UK-based firms have taken advantage of foreign direct investment (FDI) in India's retail sector and people are quite optimistic about it, United Kingdom Trade and Investment (UKTI) said on Wednesday. "Many companies in the UK have taken advantage of India permitting FDI in retail sector and Britain's...
  • Special package extended for Himachal, Uttarakhand: Anand Sharma 15-01-2014 07:58 PM

    The Centre on Wednesday extended the special package for Himachal Pradesh and Uttarakhand till March 2017, a move that will help accelerate industrial growth of both the hilly states. The Cabinet extended the special package for the states of Himachal and Uttarakhand, which has two components - the capital investment...
  • India Inc flays Kejriwal's decision to withdraw retail FDI from Delhi 14-01-2014 07:48 AM

    New Delhi: The Delhi government's decision to withdraw permission for FDI in retail from the city state is drawing flak from India Incorporate. The Arvind Kejriwal led government is in talks with the Department of Industrial Policy and Promotion over the issue. India Incorporate has expressed strong displeasure over the...
  • Delhi government withdraws permission for FDI retail stores 13-01-2014 03:31 PM

    New Delhi: In a major move, the Arvind Kejriwal government in Delhi has written to the Department of Industrial Policy and Promotion (DIPP) on not allowing FDI funded stores in Delhi. With this, Delhi has become the first state to withdraw permission for FDI funded retail stores. The previous Delhi...
  • Government indicates further relaxation in FDI policy 01-01-2014 01:15 PM

    The government on Wednesday indicated further liberalisation of the FDI policy in the coming weeks to attract foreign investments into the country. "The government will continue its endeavour for liberalising the FDI Policy further in the coming weeks to ensure that India retains its leadership position for attracting foreign investments,"...
  • FIPB approves Tesco's $110 million investment plan 30-12-2013 06:24 PM

    The foreign investment regulator has approved a $110 million investment plan by Tesco, formally paving the way for the British retailer to venture into Asia's third-largest economy. Tesco this month took the initial steps to becoming the first foreign company to set up a chain of supermarkets in India's $500...
  • Morgan Stanley keen to start proprietary trading in India 25-12-2013 05:35 PM

    Indian brokerage arm of global investment banker Morgan Stanley has sought RBI's approval to start proprietary trading under which it will be able to buy and sell securities on its own account. The application of Morgan Stanley is pending with the Reserve Bank as there is no clarity on whether...
  • Ministry of Home Affairs may give clearance to Vodafone's FDI proposal soon 19-12-2013 06:28 PM

    The Ministry of Home Affairs is likely to give clearance to Vodafone's Rs 10,141 crore foreign investment proposal to buy out minority shareholders in its Indian arm. The Foreign Investment Promotion Board (FIPB) had last week deferred Vodafone's proposal as the MHA was yet to give its comments. "The MHA...
  • Article 370 has led to terrorism direct investment in J&K: BJP 06-12-2013 07:26 PM

    Jammu: Raking up the Article 370 issue, BJP on Friday said the Article has led to Terrorism Direct Investment in Jammu and Kashmir, instead of Foreign Direct Investment, thus driving people out of the state and making it poor. "Article 370 has made the state poor and deprived the people...
  • Industries worth Rs.2,125 crore coming up in Bengal 27-11-2013 10:18 PM

    Kolkata: The West Bengal government has signed agreements with six companies involving an investment of Rs 2,125 crores for setting up industries in South 24 Parganas district, a minister said on Wednesday. Industry Minister Partha Chatterjee said 1,300 people will get employment once the projects are complete. He said land...
  • Jharkhand invites investments, assures faster project clearance 26-11-2013 12:03 AM

    Inviting investments in Jharkhand, Chief Minister Hemant Soren, on Monday assured industry of all possible help for launching projects, including faster clearances and approvals to their projects. Jharkhand has never disappointed industries. I think there have been some delusions on investments due to some past things, it is all gone...
  • India surpasses China, US as most attractive investment destination: Survey 24-11-2013 05:07 PM

    With relaxation in FDI norms to boost investor sentiments, India has emerged as the most attractive investment destination surpassing neighbouring China and the US, says a report. The global survey of leading consultancy firm Ernst and Young (EY) has ranked India as the most attractive investment destination followed by Brazil...
  • India approves 20 FDI proposals worth $146 million 20-11-2013 12:24 AM

    The Foreign Investment Promotion Board has approved 20 foreign direct investment proposals worth 9.16 billion rupees, a finance ministry statement said on Tuesday. The board also recommended private sector Federal Bank'sforeign investment plan amounting to 14 billion rupees to the cabinet panel, the statement said. ...
  • UK keen to invest in Bengal, Cameron invites Mamata to London 14-11-2013 09:38 PM

    Kolkata: Prime Minister David Cameron on Thursday assured British investment in West Bengal at a meeting with Chief Minister Mamata Banerjee, who was invited by him to visit the UK. "The meeting was very constructive and positive. The issue of British investment in the state figured at their meeting. They...
  • India is getting a vote of confidence from beverage giants: Indra Nooyi 12-11-2013 11:16 PM

    Pepsi Chairman and CEO Indra Nooyi said that Pepsi and rival Coca-Cola announcement to invest over $10.5 billion in the India market shows that the country is getting a vote of confidence from the two beverage giants. Pepsi's plans come after rival Coca-Cola Co, the world's largest drinks maker, said...
  • Haryana: Investment banker quits job to light up Sirohi village 05-11-2013 12:14 PM

    New Delhi: In the sleepy village of Sirohi, 60 kms from Delhi, Gauri Agarwal has lit up the lives of the villagers in less than six months. Gauri who quit her job as an investment banker decided to adopt the village. Aided by the students of the National Power Training...
  • Actor Akshaye Khanna duped of Rs 50 lakh, files complaint 20-10-2013 07:44 AM

    Mumbai: The Economic Offences Wing (EOW) of Mumbai Police on Saturday launched an investigation into a complaint of cheating filed by Bollywood actor Akshaye Khanna against a firm. In his complaint, Akshaye alleged he invested Rs 50 lakh in the firm on the advice of its president and his wife...
  • UP ranks highest in new investments in real estate sector: ASSOCHAM 30-09-2013 01:47 PM

    UP has been ranked top with maximum share of about 40 per cent in the new investments attracted by real estate sector among top 20 states across the country during the first quarter of current fiscal, industry body ASSOCHAM said on Monday. Interestingly, the total new investments in real estate...
  • Indo-US ties critical to improve bilateral relations, says US Senate 27-09-2013 01:43 PM

    Washington: The US Senate has unanimously passed a resolution welcoming Prime Minister Manmohan Singh to the US and underlined that enhanced economic, defence and security ties with India is critical to improve bilateral relations. The resolution, passed on Thursday, calls for deepened US engagement with India and implementation of policies...
  • Hyderabad: Centre clears Rs 2.19 lakh crore IT region 20-09-2013 02:08 PM

    New Delhi: One of India's top IT cities, Hyderabad has something to cheer about. Hyderabad is finally getting a very ambitious Rs 2.19 lakh crore Information Technology Investment Region (ITIR) on its outskirts after the Union Cabinet Committee on Economic Affairs (CCEA) cleared the proposed project on Friday. Hyderabad, house...
  • Karnataka CM invites global firms to invest in state 13-09-2013 05:54 PM

    Bangalore: Karnataka Chief Minister K. Siddaramaiah is wooing global firms at the World Economic Forum (WEF) in China to invest in this southern state for benefitting mutually from its natural and human resources, a official said Friday. "Siddaramaiah had series of meetings with heads of global firms at the WEF...
  • Himachal, Uttarakhand get extension on capital investment subsidy 08-09-2013 08:05 PM

    Shimla:Union Commerce Minister Anand Sharma on Sunday announced that the capital investment subsidy on plant and machinery for Himachal Pradesh and Uttarakhand would be extended by four years to accelerate the industrial growth of the hill states. "The capital investment subsidy has been extended till March 31, 2017 in Himachal...