[ad_1] India’s key manufacturing scheme received investments of nearly $19 billion as of November last year, the trade ministry said on Saturday, a day after Reuters reported New Delhi will let the $23-billion incentive program lapse amid disappointing results. The incentive scheme will not be expanded beyond 14 pilot sectors and production deadlines will not […]
The Airtel Block Deal Effect: Foreign funds turn net buyers in Indian equities after 9 sessions – CNBC TV18
[ad_1] Foreign investors have turned net buyers in the Indian equity cash market after 9 sessions of sustained selling. That’s what the provisional numbers from the National Stock Exchange (NSE) are pointing to. But it may not be time to celebrate just yet, because this buy number exists only on paper. Company Value Change %Change […]
Volkswagen sues India to quash ‘enormous’ $1.4 billion tax demand – CNBC TV18
[ad_1] Skoda Auto Volkswagen India has moved the Mumbai High Court against a $1.4 billion tax demand issued by Indian authorities. The company confirmed to CNBC-TV18 that it is availing itself of all legal remedies in response to the Show Cause Notice, as permitted under the law. In a statement, Skoda Auto Volkswagen India Private […]
India poised to lead APAC in foreign inflows, says Shigeru Sekinada of Kearney – CNBC TV18
[ad_1] Shigeru Sekinada, Head of APAC at Kearney believes that India could see the highest foreign inflows among countries in the Asia Pacific region. Speaking to CNBC-TV18, Sekinada said India has a large talent pool and big consumption potential and this makes it attractive for foreign companies including those in japan to invest in India. He […]