Search Results for: foreign investors

sc-rejects-sahara-chief-subrata-roys-bail-plea

SC rejects Sahara Chief Subrata Roy's bail plea

New Delhi, Mar 13 (ANI): The Supreme Court on Thursday refused interim bail to Sahara chief Subrata Roy and said the matter would next be heard on March 26. Sahara Chairman Subrata Roy, 65, was arrested on February 28 after failing to appear at a contempt hearing in the long-running legal battle between the unlisted group and the Indian securities regulator over repayment of billions of dollars to investors in outlawed bonds. Lawyers of Roy, argued that they had submitted a bail application demanding an answer on how could a person be sent to jail without his complete hearing. He also said that Roy was the chief of Sahara group but that didn’t mean that he had committed any crime. Mar 13, 2014
india-poised-to-become-third-largest-global-aviation-market-by-2020-ajit-singh

India poised to become third largest global aviation market by 2020: Ajit Singh

Hyderabad, March 13 (ANI): Civil Aviation Minister Ajit Singh said that India was poised to become the third largest global aviation market by 2020, throwing gates open to foreign investors to boost economy. Speaking at inaugural function at India Aviation-2014 in Hyderabad, Singh offered tremendous opportunities to the foreign investors. Singh also said that Indian airports sector was likely to attract an investment of $12.1 billion during the 12th Plan period, $9.3 billion of investment to come from the private sector. While briefing on various reforms implemented in the aviation sector, Singh talked about the privatization of leading Indian airports. Singh also said that the air traffic density of India is very low in comparison to other countries and to fight this situation by promoting regional and remote area connectivity. Mar 13, 2014
jagdambika-pal-attacks-salman-khurshid-says-he-cheated-handicaps

Jagdambika Pal attacks Salman Khurshid, says he cheated handicaps

New Delhi, March 12 (ANI): Launching a scathing attack against Foreign Minister Salman Khurshid, former Congress leader Jagadambika Pal said that the Zakir Hussain Memorial trust that is being run by Khurshid and his wife has cheated many handicaps, as it forged signatures and stamps of senior officials depriving physically challenged people of their due. Mar 12, 2014
ugandan-activists-challenge-anti-gay-law-in-court

Ugandan activists challenge anti-gay law in court

Ugandan gay rights activists and politicians filed a challenge in court Tuesday to a tough new anti-gay law that has sparked international outrage and led to cuts in foreign aid. Duration: 01:24 Mar 12, 2014
swedish-british-journalist-gunned-down-in-kabul

Swedish-British journalist gunned down in Kabul

A gunman shot dead a Swedish-British journalist at close range in central Kabul on Tuesday in an unexplained daylight murder that shocked foreign residents living in a city on high alert ahead of elections. Duration: 00:30 Mar 12, 2014
sensex-hits-all-time-high-of-22000-market-expert-gives-credit-to-fii-inflows

Sensex hits all time high of 22000, Market Expert gives credit to FII inflows

Mumbai, March 10 (ANI): BSE Sensex hit a fresh all-time high and breached 22,000 mark on the back of strong foreign inflows from Foreign Institutional Investors (FII), said Market Expert Sunil Shah. Shah said that the FII investment comes as they think that India will outperform than other markets. He said that this comes in the backdrop of the ongoing wave in India that NDA will come to power after upcoming polls and Narendra Modi is considered as a investor-friendly and industry-friendly person. Further, Shah also cautioned the investors before investing high amounts in the market. Mar 11, 2014
govts-nuclear-power-programme-to-appease-foreign-firms-at-cost-of-safety-of-locals-prashant-bhusha

Govts Nuclear power programme to appease foreign firms at cost of safety of locals: Prashant Bhusha

New Delhi, March 11 (ANI): Indian anti-nuclear activists raised their voice against central government's move to bypass supplier liability provisions against foreign companies and accused lawmakers of neglecting public interest and catering only to the business needs of private players. The activists, who were part of an international team that visited nuclear accident sites all over the world, called for stringent safety measures and unlimited nuclear liability. India and Russia are keen to sign an agreement for the third and fourth units of Kudankulam Nuclear Power Project (KNPP) in Tamil Nadu. Mar 11, 2014
sensex-hits-all-time-high-of-20000-market-expert-gives-credit-to-fii-inflows

Sensex hits all time high of 20000, Market Expert gives credit to FII inflows

Mumbai, March 10 (ANI): BSE Sensex hit a fresh all-time high and breached 22,000 mark on the back of strong foreign inflows from Foreign Institutional Investors (FII), said Market Expert Sunil Shah. Shah said that the FII investment comes as they think that India will outperform than other markets. He said that this comes in the backdrop of the ongoing wave in India that NDA will come to power after upcoming polls and Narendra Modi is considered as a investor-friendly and industry-friendly person. Further, Shah also cautioned the investors before investing high amounts in the market. Mar 10, 2014
india-offers-help-to-trace-missing-malaysian-plane

India offers help to trace missing Malaysian plane

Farrukhabad / Ahmednagar, March 10 (ANI): Union Foreign Minister, Salman Khurshid, said that the government has offered help to the Malaysian government to trace the missing plane with 239 people on board. Officials investigating the disappearance of the Malaysia Airlines jetliner with 239 people on board suspect it may have disintegrated in mid-flight, a source told, as Vietnam reported a possible sighting of the wreckage of the plane. Khurshid sent a condolence message on behalf of the nation. Family members of the five Indian passengers missing in the incident are anxiously waiting for any information about the fate of the plane and their near and dear ones. K V Shirsath, father-in-law of missing Indian passenger, Kranti Shirsath, said that she was on her way to China to meet her husband. Mar 10, 2014
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