Government is reportedly working on removing ambiguities in the definition of foreign direct investment (FDI) and foreign institutional investment (FII) and it is expected to issue clarification on the same.
Tag: Finance Minister
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Cabinet nod for telecom towers at naxal-affected states
The Cabinet cleared setting up mobile towers at cost of around Rs 3,046 crore in nine states affected by naxal violence to improve communication. State-owned BSNL will set up towers at 2,199 locations in the nine states in next 12 months, Finance Minister P Chidambaram said after a Cabinet meeting.
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Budget: mixed impact on O&G sector
Industry watchers feel that the Budget 2013-14 may have a mixed impact on the oil and gas sector. While the Finance Minister announced that his government would soon release shale gas policy and review the pricing of natural gas, industry players are
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Realty sector looks at govt to revitalise buyer interest
The realty sector saw itself on shaky ground last year with rising interest rates, liquidity issues, cost escalation and tepid demand, in addition to governance issues. Therefore, the sector has a long wish list for the Finance Minister to revitalise the industry and rekindle home buyer interest.
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Maha’s Finance, Power portfolios given back to Ajit
Three days after the winter session of the Maharashtra State Legislature was wrapped up, the State Deputy Chief Minister Ajit Pawar is all set to take over as the StateÂ’s Finance Minister and Power Minister.
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