In
a major financial sector reform, the government
recently introduced two major banking legislations,
including one to lift 10 % cap on voting rights
to foreign banks acquiring equity in Indian banks...
Our Say
A
massive 30% subsidy by the Centre on all shipbuilding
contracts has turned out to be a major booster for
Indian shipyards...
Tipped as the
second largest retail market after China, the Indian
Retail industry is geared for some major action with
big ticket investments from global and Indian majors
alike!more
With several
foreign players looking at taking stakes in Indian
bourses, the Securities and Exchange Board of India
(SEBI) is framing new regulations on the divestment
of broker stake in corporatised stock exchanges.more
The government
may rework the rules for domestic shareholding in
the telecom sector to make the liberalised 74% foreign
direct investment (FDI) cap operational.more
Frenetic activity
in domestic construction of roads, ports and sea-bridges
has attracted at least two dozen foreign civil engineering,
construction and infrastructure consultancy service
giants into India.more
This article
appeared in The Economic Times dated May 13, 2005.
It makes a very interesting and insightful read when
viewed in conjunction with our article “Tales
in Retailing”.more
