FDI norms for banks eased: DIPP

As per the Department of Industrial Policy and Promotion (DIPP), any kind of corporate debt restructuring or loan restructuring mechanism will not be considered as Foreign Direct Investment (FDI) in those banks which have foreign entities as majority shareholders. Earlier, ..

Month: Current Affairs - August, 2012

UP to test national eBiz project

The ebiz project of the Central government aims at catering to prospective investors and Uttar Pradesh is ready to play a pilot state in this eBiz Mission of the central government. UP govt will constitute a ‘Programme Management Committee’ headed ..

Month: Current Affairs - June, 2012