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25 Jan 2015

AirAsia CEO calls for single aviation authority in ASEAN

Tony Fernandes, the Indian-origin founder and CEO of the AirAsia group, has called for a single aviation authority to approve licences to operate in 10 Southeast Asian nations, an issue that assumed significance after the deadly crash of the group's Flight QZ8501.

25 Jan 2015

'Make in India campaign' touches right chord at WEF: Shukla

Terming the mood upbeat about India story at the just-concluded WEF summit, diversified conglomerate Mahindra and Mahindra's top official Shriprakash Shukla said investors across sectors made enquiries here about potential collaborations.

25 Jan 2015

CIL staff to participate in disinvestment programme: Goyal

Employees of state-run behemoth Coal India will be given an opportunity to participate in the proposed disinvestment of the company and all issues regarding their opposition to the share sale have been resolved, Union Minister Piyush Goyal has said.

25 Jan 2015

Piyush Goyal promises 'no favour, no fear' business regime

Promising to make doing business much more attractive, Union Minister Piyush Goyal has assured investors that they can work in India without fear or favour.

25 Jan 2015

Tech Mahindra eyes diversified global workforce

Committed to a diversified global workforce, IT major Tech Mahindra chief C P Gurnani has said employees in the IT industry will have to continuously re-skill themselves as 10-15 percent technology jobs will become obsolete every year.

25 Jan 2015

Swiss banks lose sheen among Indians as secrecy heads for end

Nonetheless, a large number of Indians present here at Davos had scheduled meetings with bankers and top executives of various small and large Swiss banks.

25 Jan 2015

'RBI may cut rates more; 0.75-1% reduction likely in 2015'

Kotak, who has been a regular at the WEF summits in Davos, also said the big stimulus from European Central Bank is going to have a significant impact for global flows positively and Indian markets may also get greater flows.

23 Jan 2015

Ordinance route no concern for investors; they are happy: FM

The Minister said that the investors across sectors are very enthused about India and were waiting to come in.

22 Jan 2015

GE proposed to invest Rs 3,000 crore in Maharashtra

US-based General Electric (GE) has proposed to invest Rs 3,000 crore in Maharashtra during a meeting with state Chief Minister Devendra Fadnavis at World Economic Forum meet in Davos.

22 Jan 2015

Govt eyes Joint Parliament session if insurance reforms delayed: FM

Finance Minister Arun Jaitley on Thursday said the government will go for a joint session of Parliament in case there is a delay beyond six months in getting Parliamentary approval for the ordinance that raises the FDI limit in the insurance sector.

22 Jan 2015

Industry visits to North Block down as biz climate improves: FM

Telling investors about improving ease of doing business in India, Finance Arun Jaitley on Thursday quipped that the number of industry leaders visiting his office has come down drastically as they do not need to come to seek permissions.

22 Jan 2015

Corruption not even whispered since Modi govt came to power: FM

Jaitley said corruption not only increases the cost of doing business but also hits the country's credibility.

22 Jan 2015

Investment flows should begin picking up next fiscal: CEA

Confident India would be able to benefit from the positive sentiments about it among foreign investors, Chief Economic Advisor Arvind Subramanian has said the real investment flows should begin picking up from next fiscal, but it will be a gradual process.

22 Jan 2015

Government will keep up pace on reforms, says Jaitley

Finance Minister Arun Jaitley has assured the government will keep up the pace on reforms but said he doesn't want to build expectations in the run up to the Budget.

22 Jan 2015

India has independent evidence on black money cases: Jaitley

Jaitley, who met his Swiss counterpart Eveline Widmer-Schlumpf for about 40 minutes late last night, said Switzerland has agreed to act expeditiously on such cases.

22 Jan 2015

Welspun Renewables to set up Rs 700-cr solar project in Andhra

The firm has so far commissioned over 366 MW solar and wind power projects in India and another 978 MW capacities are under construction.

22 Jan 2015

India needs quick and continuous decision-making: Kochhar

Ahead of the NDA government's first full budget, ICICI Bank chief Chanda Kochhar on Thursday said investors are looking for 'continuous and quick decision-making' as also for the capital investment plans of the government in various areas including infrastructure.

22 Jan 2015

Sentiments to convert into investments soon: Jaitley

Jaitley said he is meeting the existing investors and potential investors, those who are looking at India, those who are looking to expand.

22 Jan 2015

End red tapism or Europe 'will be finished': Italian PM

Striking a note of caution, Italy's Prime Minister Matteo Renzi today said Europe needs to eliminate red tapism "or it will be finished".

22 Jan 2015

'Emerging markets need to rely less on outside finance': Report

Emerging markets need to reduce their dependence on external financing and push through internal reforms to differentiate themselves from others, says a report.

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