Free Press Journal
  • moody's

    Investment cycle showing signs of pick-up: Moody’s

    New Delhi: Moody’s Investors Service today said investment levels in India are showing early signs of recovery driven by an upturn in capital expenditure and increased public spending. In its December 2015 issue of ‘Inside India’, the agency however, said a broad-based and sustainable revival in the private sector capital expenditure cycle will likely take longer to materialise.

  • Parents equally responsible for weight of school bags, says headmasters’ union

    Mumbai : A headmasters’ union has protested against the state government’s decision to hold headmasters and school management responsible if students are found carrying heavy school bags. During a workshop in Kalyan on Sunday, headmasters asked the state government to hold parents equally responsible for the weight of school bags and requested further investment in the education infrastructure of schools.

  • Jaguar Land Rover to invest Rs 4,500 cr

    New Delhi: Tata Motors-owned Jaguar Land Rover will invest 450 million pound (over Rs 4,500 crore ) to double the size of its Midland-based Engine Manufacturing Centre.

  • FinMin may allow more pension funds in equities

    New Delhi : The Finance Ministry is considering a proposal to raise investment limit of pension funds in stock markets to 50 per cent and a decision is expected in a short time, PFRDA Chairman Hemant G Contractor has said.

  • Piyush Goyal

    Tariff policy to make discoms efficient,boost investment:Goyal

    New Delhi: The new tariff policy will boost the regulatory mechanism and bring efficiency in the functioning of discoms, even as the proposed framework will help attract investments in the power sector, Union Minister Piyush Goyal said today. “The policy will reflect a concern to environment and encourage renewable energy. It will encourage faster roll out of investment in the sector,” Goyal told reporters here.

  • Arun Jaitley

    Jaitley: Indian economy moving ahead despite global headwinds

    Dubai : Notwithstanding “adverse global circumstances” and headwinds, Indian economy is still managing to keep ahead, Finance Minister Arun Jaitley said. Addressing a gathering of Indian businessmen here on Monday, Jaitley said that economic crises earlier would leave an impact once in 10-15 years but now they are far more frequent. “Under these circumstances India has to find it’s own level,” Jaitley, who arrived here on Sunday on a two-day UAE visit, said.

  • Prime Minister Narendra Modi addresses industry leaders at the Guildhall in London. AFP

    In UK, Modi hardsells India as investment destination to CEOs

    London : Prime Minister Narendra Modi on Friday hard sold India as an investment destination to top CEOs of India and the UK, highlighting the government’s recent reform measures, including further relaxation in FDI norms in 15 sectors.

  • Investment, defence to top Modi’s British agenda

    New Delhi : Investment and defence will be the key sectors that will be in focus during Prime Minister Narendra Modi’s three-day visit to Britain starting Thursday, while the issues of climate change, black money and IMF quota reforms will be taken up by India at the G-20 summit in Turkey immediately thereafter.

  • Indian-origin politician sworn in as Mayor of German city

    Berlin : Indian-origin politician Ashok Sridharan has been sworn in as the Mayor of Bonn, pledging to make the former German capital a major investment destination and the European hub of UN institutions.

  • Narendra Modi

    India “bright spot” for investment: Narendra Modi

    Bengaluru: Positioning India as a “bright spot” for investment in the current global slowdown, Prime Minister Narendra Modi today said it makes strong business sense to be in the country, assuring investors of simple and predictable tax regime as well as IPR protection. He also said government hopes to roll out the Goods and Services Tax next year. “We have introduced the GST Bill in Parliament; we hope to roll it out in

  • Risks inherent in an FMP

    The government in a bid to stimulate investment and demand is cutting rates. Consequently, fixed income funds (including short-term funds) are expected to yield a healthy return over the next 2-3 year time frame. However, on the other hand, the recent Amtek Auto case may make investors think that they have been caught between a rock and a hard place. If equity is risky, debt is proving to be riskier! In the

  • RBI opposes 100% FDI in pvt banks

    New Delhi : The Reserve Bank has raised reservations over a proposal to allow 100% foreign direct investment in private banks as it might create regulatory problems.

  • Jet Airways gets Rs 700 cr fresh funds from Etihad

    New Delhi : Jet Airways has received nearly Rs 700 crore fresh investment from a special purpose vehicle created by its strategic partner Etihad and the funds are likely to be utilised for refinancing debt. Abu Dhabi-based Etihad Airways currently holds 24 % stake in the domestic carrier. Jet Airways said on Thursday it has issued nearly Rs 700 crore worth non-convertible debentures on private placement basis.

  • Kejriwal, Modi

    Arvind Kejriwal questions Narendra Modi’s US visit

    New Delhi: Delhi’s Chief Minister Arvind Kejriwal on Tuesday questioned Prime Minister Narendra Modi’s US visit and said there was a need to first make India strong before expecting investment from abroad. “PM Modi’s US trip ends. Time to ponder what has the country achieved from his foreign trips so far?” Kejriwal tweeted. He said that if “we make India strong, investments will come at our terms, else investors will dictate terms.

  • Companies involved in the business of broadcasting carriage services include Dish TV, Siti Cables, Hathway and Den Networks

    Govt mulls raising FDI cap to 100% in DTH, cable networks

    New Delhi : The government is considering a proposal to raise FDI limits to 100 per cent in broadcasting carriage and content services, including DTH and cable networks, aimed at attracting overseas investment and improve infrastructure.

  • OVL chasing foreign govts to clear its dues

    New Delhi : From Venezuela to Sudan, ONGC Videsh Ltd, India’s flagship overseas oil investment firm, is chasing foreign governments to get its $712 million (over Rs 4,700 crore) of dues cleared.

  • CM back from tour, says Japanese Co to visit state

    Mumbai : Maharashtra Chief Minister Devendra Fadnavis, who returned on Sunday from a four-day Japan tour, said NIDEC Corporation (Nihon Densan Kabushiki Kaisha), world’s leading manufacturer of electric motors, will send its team to the state to explore investment opportunities.

  • Chairman of TVS Motors Venu Srinivasan, his wife Mallika Srinivasan, MRF group Chairman K.M. Mammen and Chairman of ITC Limited, Yogesh Chander Deveshwar, at the inaugural session of "Global Investors Meet (GIM) 2015" at Trade Center, in Chennai on Wednesday.

    Top corporate houses commit over Rs 1L cr investment in Tamil Nadu

    Chennai : Investment of over Rs one lakh crore was committed for Tamil Nadu at a maiden Global Investors Meet that began here on Wednesday, Chief Minister Jayalalithaa said as she made a strong pitch for pushing the infrastructure sector. “The Global Investors Meet (GIM) had targeted investment commitments of Rs 1 lakh crore, which has already been exceeded. I am very confident that further commitments would be made over these two

  • Prabhu likens rlys to patient in ICU

    Kolkata : Likening the Indian Railways to an ICU patient, Railway Minister Suresh Prabhu on Friday said the public transporter was suffering because of neglect and lack of investment and the government would invest 120 billion USD in the next five years. Indian Railways was suffering because of neglect over several years and lack of investment in infrastructure development, the minister said.