This newspaper carried a report on Thursday about Essar raising a loan making use of the new interpretation of foreign ownership offered by Press Note 2 of 2009. As per PN2, the foreign stake in an investing company would not dilute the Indianness of its investment in another company, so long as the investing company is majority owned and controlled by Indian entities, individuals or companies. Prior...
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must take a lead in developing a strong European foreign policy if it is to retain its influence around the world, Foreign Secretary David Miliband warned today.The UK would lose out internationally if it tried to oppose the EU foreign policy on the grounds of "hubris, nostalgia or xenophobia", Mr Miliband said.Speaking at the International Institute for Strategic Studies in London, he attacked the...
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The Foreign Investment Promotion Board (FIPB) has approved a proposal from Hathway Cable & Datacom, a leading television cable distribution company, for bringing in foreign direct investments of Rs 16.65 crore after its proposed initial public offer (IPO).Hathway’s proposal had sought the necessary clearances for increasing the foreign shareholding in the company from the existing 42.75 per cent to...
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Taipei - Taiwan on Tuesday barred foreign investors from putting money in time deposits in a bid to prevent currency speculation and to channel foreign funds into the stock market.Under the bank taking immediate effect, foreign investors cannot put their money into time deposits, nor extend their existing time deposits, the Financial Supervisory commission said in a statement.Till now foreign investors...
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Nepal has denied that its Deputy Prime Minister and Foreign Minister Sujata Koirala had suggested links between Indian and Nepal Maoists.“The Deputy Prime Minister and Foreign Minister has neither said anything of this nature in Nepalganj nor elsewhere about the linkage between Indian Maoists and Nepal Maoists.“The Foreign Ministry completely and strongly denies the statement reported to have been...
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has travelled to more countries in his first year in office than any of his predecessors and now, will undertake a nine-day tour of Asia.Since taking office, he has made seven foreign trips and visited 16 countries, three of them twice.The Asia trip will take him to Japan, Singapore, China and South Korea, bringing his total to eight foreign trips and 20 countries, CBS News reports.The only other president...
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(ANI): US President Barack has travelled to more countries in his first year in office than any of his predecessors and now, will undertake a nine-day tour of Asia.Since taking office, he has made seven foreign trips and visited 16 countries, three of them twice.The Asia trip will take him to Japan, Singapore, China and South Korea, bringing his total to eight foreign trips and 20 countries, CBS News...
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Washington, Nov. 12 : US President Barack has travelled to more countries in his first year in office than any of his predecessors and now, will undertake a nine-day tour of Asia.Since taking office, he has made seven foreign trips and visited 16 countries, three of them twice.The Asia trip will take him to Japan, Singapore, China and South Korea, bringing his total to eight foreign trips and 20 countries,...
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the Wills Lifestyle India Fashion Week gets in full gear to become the biggest fashion extravaganza in the country, the never ending debate between Indian and foreign models and who gets a better deal on the ramp continues to hog the spotlight. Days after the Indian models cried foul over designers’ growing preference for foreign faces, now foreign models are complaining about pay disparities and the...
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Indian Foreign Service officers and colleagues Sunday paid homage to C.B. Muthamma, the country's first woman diplomat, describing her as "the stuff of legends" and thanking her for breaking the "glass ceilings". Muthamma died last month at the age of 85.Foreign Secretary Nirupama Rao paid warm tributes to the woman who broke the glass ceiling and led the women's entry into what until then was all-male...
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