Search Results for: foreign investors

oil-firms-brace-for-mexico-comeback

Oil firms brace for Mexico comeback

After marathon debates, Mexico's Congress voted to implement a historic reform reopening the state-controlled oil and gas sector to foreign firms, which were expelled in 1938. Major oil companies are now gearing up to invest. Duration: 02:30 Aug 8, 2014
us-defense-secretary-meets-eam-sushma-swaraj-in-new-delhi-to-boost-ties

US Defense Secretary meets EAM Sushma Swaraj in New Delhi to boost ties

New Delhi, Aug 08 (ANI): US Defense Secretary Chuck Hagel met Foreign Minister Sushma Swaraj in New Delhi on Friday to bolster defence and strategic ties. Hagel is on a three-day-visit to India to prepare ground for Prime Minister Narendra Modi's impeding meeting with President Barack Obama next month. One of the major take-away for Hagel could be an Indian offer to significantly increase an order for U.S. attack helicopters. Aug 8, 2014
fdi-in-railways-and-defence-draws-mixed-reactions

FDI in railways and defence draws mixed reactions

New Delhi, Aug 07 (ANI): Expert and political leaders on Thursday said that central government's move to allow foreign direct investment (FDI) in railways and defence sectors would not give private sector much control, adding it was not fit for citizens of the country. The cabinet approved a plan to raise the amount of FDI allowed in its defence and railways industries, part of Prime Minister Narendra Modi's efforts to attract more foreign cash and revive the economy. The government is to increase the foreign investment limit in the defence industry to 49 percent from 26 percent. Defence expert, Commodore (retired) Uday Bhaskar, said with 49 percent, bigger companies won't get much control. Meanwhile, BSP chief Mayawati, said the BJP should hold a discussion on the matter. Senior CPI (M) leader Sitaram Yechury, said the policy would only benefit investors. Aug 7, 2014
cabinet-clears-100-fdi-in-railways-and-49-in-defence-opposition-parties-oppose

Cabinet clears 100% FDI in Railways and 49% in defence, opposition parties oppose

New Delhi, Aug 07 (ANI): The Left and other opposition parties have strongly opposed the 100 per cent foreign investment in railway infrastructure projects and 49 per cent in defence. The Cabinet cleared the long-delayed proposal for raising FDI limit in defence to 49 percent and fully opened up the railway infrastructure segment, like high-speed trains, for foreign investment. The decisions taken at the Cabinet meeting headed by Prime Minister Narendra Modi came barely two weeks after the one to raise the cap of FDI in insurance sector from 26 percent to 49 percent. Aug 7, 2014
Prev 952 953 954 955 956 957 958 959 960 961 Next