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FDI up 56% as India beats recession blues
India is back on the radar of global investors even in the midst of the global financial crisis, with 56 per cent year-on-year rise in inflows of foreign direct investment in July this year, an official said.

Subir Roy: Do as Europe has done
Back in prehistory, that is, about three decades ago, when Kolkata thoroughly drowned in the monsoon deluge, we looked forward to sarat or autumn. The rains would be gone, the heat would be a bit less though the oppressive humidity would still be around, but that’s not what mattered. The special part was the sky at dusk. The grey of the monsoon clouds, still lingering, would be tinted pink and purple by the setting sun and create a riot of colours. And through this sky would pass large flocks of birds in a V formation.

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Pratip Kar: Taking stock of the exchanges
Pratip Kar / New Delhi January 11, 2010, 0:53 IST
Management

Hindujas to tie up funds for Vizag project in Oct

The Hinduja group would achieve financial closure for the 1,040 Mw power project being set up at Visakhapatnam by October 2009. - Ashok Leyland to open four outlets in Punjab - Defiance Tech foraying into manufacturing and enterprise areas - Hinduja Global keen on acquiring inbound call centre - Nissan-Ashok Leyland LCV plant deferred - Ashok Leyland-Nissan LCV plant"s construction deferred - NRIs seek tax parity with FIIs on capital gains in stocks Andhra Pradesh chief minister YS Rajasekhara Reddy discussed the status of the project with Hinduja Power Project co-chairman Ashok Hinduja and managing director Ashokpuri on Wednesday. The company has obtained environmental clearance and coal linkage from the Mahanandi coalfields has been restored, according to a release from the chief minister’s office. The Hinduja group is reviving its power project, which was conceived in the early 90s. The project failed to take off on account of cost issues with the state government.


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