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Gujarat, the gateway to India: fact or farce?-Darshan Desai

-The Hindu Ahmedabad: Going by the Gujarat government's figures, memorandums of understanding (MoUs) for Foreign Direct investments (FDI) worth $876 billion were signed during its five biannual Vibrant Gujarat Global Investors Summits from 2003 to 2011 and a whopping 84 per cent of the projects have already been implemented or are under implementation. This would mean Gujarat has overtaken all of China, whose FDI inflows during this period were to the tune...

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No meeting ground -TK Rajalakshmi

-Frontline The Land Acquisition Bill runs into a roadblock as political parties fail to reach an agreement on the substantive features of the draft Bill or on the amendments proposed. The efforts of the United Progressive Alliance government to broker a consensus on the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2012, which has been pending for over a year, have not paid off not because...

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Defiant in Dhinkia-Chitrangada Choudhury

-Live Mint Farmers resisting India's biggest FDI deal are paying a heavy price for their stand In June 2005, the Orissa government signed the country's biggest Foreign Direct investment deal yet with the South Korean steel manufacturer Posco for a $12 billion (around `65,856 crore) plant near Paradip in the mineral-rich state. Livelihoods in eight existing agricultural and fishing villages were to give way for the project that was intended to be...

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Indian Express-ICIJ probe: Vijay Mallya, Ravikant Ruia in tax havens -Ritu Sarin

-The Indian Express The 612 Indians on the list of those who have invested in tax havens such as the British Virgin Islands include two MPs, a former royal and top industrialists. RITU SARIN puts together details of 20 among them SONU LALCHAND MIRCHANDANI Mirchandani is the founder of popular consumer electronics firm Onida. Mirchandani and his wife, Soni, opened a BVI company called Strong Wing Overseas Ltd in 2006 with an authorised...

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Government plans to liberalise FDI norms for single-brand retail to attract big bucks -Deepshikha Sikarwar

-The Economic Times The government plans to significantly liberalise Foreign Direct investment (FDI) norms for single-brand retail to attract big bucks into the sector. The finance ministry has asked the Department of Industrial Policy and Promotion (DIPP) to amend the policy to allow single-brand retailers to bring different brands belonging to the same product line under one company. It has also asked DIPP - the government department that frames foreign investment rules...

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