Vajpayee piloted second generation of economic reforms: India Inc

New Delhi, Aug 16 : Indian industry paid rich tributes to former Prime Minister Atal Bihari Vajpayee following his demise on Thursday, saying the iconic BJP leader ushered in the second generation of economic reforms that promoted India’s rapid growth. “The second generation of economic reforms introduced under his visionary leadership contributed greatly to a […]

Centre proposes fixed-yield model to attract global airport operators

New Delhi, Aug 14 : In a bid to attract global airport operators, the government on Tuesday proposed shifting from the revenue-sharing to the fixed aeronautical yield model based on the number of passenger footfalls at greenfield airports. “The present model is revenue-sharing… the new model will be based on (the number of) passengers entering […]

IKEA store attracts 40,000 customers on first day

Hyderabad, Aug 10 : About 40,000 people visited IKEA’s first India store on the opening day here , a company spokesperson told IANS. The world’s leading Swedish home furnishings retailer received huge response from customers on Thursday. The spokesperson, however, declined to share the numbers relating to the business transacted on the first day. However, […]

Dayanidhi Maran to face trial in telephone exchange case

New Delhi, July 30 : Former Telecom Minister Dayanidhi Maran will face trial in the illegal telephone exchange case, with the Supreme Court on Monday dismissing his plea against a Madras High Court order directing the trial court to frame charges against him and others. Dismissing the petition, a bench of Justice Ranjan Gogoi, Justice […]

Not afraid of being in same frame as an industrialist: Modi

Lucknow, July 29 : Hitting back for the first time at critics who questioned his perceived friendly relations with corporates, Prime Minister Narendra Modi on Sunday said that unlike “some people” he was “not afraid of” publicly standing beside industrialists and business magnates because his intentions were “noble”. He said industrialists too contribute to nation […]

India most attractive destination for global investors: Rajnath

New Delhi, July 23 : India has become the most attractive destination for global investors and its GDP growth has moved much ahead of the inflation rate, Union Home Minister Rajnath Singh said on Monday. Speaking at a meeting of the Confederation of All India Traders (CAIT) here, he admitted that there were some problems […]