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New definition of control

New definition of control

The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal of the Department of Industrial Policy & Promotion for amendment to the existing definition of "control" under the FDI policy.

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FM pitches to US investors for infra projects

FM pitches to US investors for infra projects

Finance Minister Pranab Mukherjee has said the country offers huge scope for US firms to participate in its $1 trillion infrastructure development plan. At the USIBC-FICCI round table, Mukherjee infor­med the gathering that his government was working tow­ards building a consensus on a number of pending policy iss­ues, like introduction of Goods and Services Tax, National Manufacturing Policy, liberalisation of FDI policy