NATIONAL 'FDI in more sectors, funds to attain 8 pc growth' Outlining the reform roadmap for 8 per cent growth, Finance Minister P Chidambaram today (Nov 27,2005) promised to open up more sectors to Foriegn Direct Investment (FDI) and push up public investment in farm and infrastructure sectors.
'Generous' dividend payouts for Wipro shareholders Shareholders of NYSE-listed Wipro including its chairman Azim Premji with his 81 per cent holding, can expect windfall as the soap-to-software maker is considering 'generous' dividend pay-outs than the last two years, from its approximate one billion dollar cash reserves.
Huge divergences in agriculture market access: WTO Scaling down expectations from the Hong Kong conference, World Trade Organisation's first draft ministerial text has made it clear that there were huge divergences in crucial areas of agriculture and in agricultural market access and an agreement on modalities could not be reached at the December meeting.
'Confines of coalition politics not to hinder growth' The constraints of coalition politics will not hinder achieving an 8 per cent growth, but targeting a higher growth rate of 10 per cent would be 'hugely difficult', Planning Commission Deputy Chairman Montek Singh Ahluwalia said today (Nov 27, 2005).
INTERNATIONAL Nokia not to move R&D activities from China to India Global mobile phone giant Nokia has assured China that it will further beef up investments in the country and will not relocate its Research and Development centres to India, which is also a 'very promising market with great potential'.
