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Will look at FDI in retail, diesel regulation says FM
Fp Staff •While asserting the fact that macro economic fundamentals remain strong, they have said that they will look at FDI in retail and that diesel deregulation will be looked at post Parliament.
Cabinet note surfaces on Oil India, Hind Copper divestment
Fp Staff •The timing of the divestment has not been decided yet as inter ministerial consultations are yet to be done.
Etihad and Jet Airways in meet to finalise deal
Fp Staff •Source tell CNBC TV18 that Senior Etihad Execs are meeting currently to finalise the Jet deal. Etihad's Chief Strategy Officer, CEO, and CFO are present at the meet.
Cong doesn't need populism, jobs, growth can win confidence too: FM
Fp Staff •when questioned on party members becoming more populist closer to the elections, Chidambaram said he was confident of the Congress going into elections if there is growth, more jobs, tamed inflation andthe people have the confidence that tomorrow will be better than today
Aman Resorts sale to help trim debt, not fund launches: DLF
Fp Staff •With a debt of around Rs 23,200 crore on its books, India's largest real estate major DLF will use the Rs 1,600 crore proceeds from its stake sale in Aman Resorts to repay a part of the debt.
Chidambaram, Analjit meet but not for Vodafone
Fp Staff •The government can waive the penalty under Section 273A of the Income Tax Act, a CNBC-TV18 report said.
GVK refuses to infuse more equity into MIAL
Fp Staff •The AAI had earlier proposed a Rs 239 crore equity into MIAL to abolish the airport development fee.
Voting on FDI in retail will set wrong precedent: Sharma
Fp Archives •The minister said that government will have a strategy in Parliament and will firmly defend the decision.
HPCL plans petrochemical unit at Barmer Refinery
Fp Staff •The feasibility report of the proposed petrochemical plant will be submitted by November, sources said.
Decisions on FDI waits till Anand Sharma returns from abroad
Fp Staff •Sources, privy to the development, said that clarification on single brand retail norms likely in the course of the week.