Government Mulls Raising FDI Cap to 100 Percent for DTH, Cable Networks
Government is considering a proposal to raise FDI limits to 100 percent in broadcasting carriage and content services, including DTH and cable networks, aimed at attracting overseas investment and improve infrastructure. An inter-ministerial committee is considering FDI proposals, including hiking... read more »
Larsen & Toubro bags orders worth Rs 1,810 crore
Engineering major Larsen & Toubro (L&T) on Monday said it has bagged orders worth Rs 1,810 crore across various verticals so far in this month. The company’s construction arm has secured these contracts in the buildings and factories, water, power and transportation infrastructure... read more »
Indian IT companies among world’s worst paymasters
NEW DELHI: Indian IT companies are among the 10 worst paymasters in the world, says a survey — a mid-level IT manager draws an average salary of $41,213 while his Swiss counterpart gets over four times more. According to recruitment platform MyHiringClub.com’s Worldwide IT Salary 2015... read more »
Arun Jaitley pitches India story, finds takers in fund managers
NEW DELHI: Asserting that India’s macroeconomic parameters are sound, Finance Minister Arun Jaitley on Monday said that foreign investors are looking for alternatives to China when it comes to manufacturing, and are keen that the reforms process in India is not derailed. Fund managers remain... read more »
Qualcomm appoints Sunil Lalvani as India head
Qualcomm Incorporated has appointed Sunil Lalvani as vice president and president of its India operations, a company statement said here on Monday. Lalvani’s appointment will be... read more »
Sensex Slumps 500 Points Amid P-Note Jitters. Don’t Panic, Says Jaitley
Finance Minister Arun Jaitley has sought to calm investors after the Sensex fell more than 500 points on Monday, amid jitters over a recommendation for stiff norms for participatory notes... read more »
Former PM Deve Gowda begins hunger strike on farmers’ suicide issue
Former Prime Minister H D Deve Gowda on Monday began a hunger strike here demanding discussion in Parliament on the farmers’ suicide in the country. Flanked by party MPs, MLAs, and... read more »
PM Modi Meets Ministers Over Punjab Attack
Prime Minister Narendra Modi on Monday met Defence Minister Manohar Parrikar and other senior ministers over a terror attack in a Punjab town that left nine people dead. Finance Minister... read more »
Afghanistan: 21 dead, 10 wounded in wedding gunfight
KABUL: A shootout at a wedding party in northern Afghanistan has left 21 people dead and another 10 wounded, an official said Monday. Jaweed Basharat, spokesman for the governor of Baghlan province,... read more »
