03-23-2007, 01:33 AM
Result of Congress deal with CPIM over Nandigram?????
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Govt raises FDI ceiling in telecom to 74 pc
Press Trust of India
Posted online: Thursday, March 22, 2007 at 2040 hours IST
New Delhi, March 22: In a move that could bolster investment in the fast growing telecom sector the government on Friday decided to raise Foreign Direct Investment up to 74 per cent, up from prevailing ceiling of 49 per cent.
Along with raising the FDI limit, the Union Cabinet also approved revised conditions for such direct investment, Information and Broadcasting Minister P R Dasmunsi said after a meeting of the Cabinet, chaired by Prime Minister Manmohan Singh.
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Govt raises FDI ceiling in telecom to 74 pc
Press Trust of India
Posted online: Thursday, March 22, 2007 at 2040 hours IST
New Delhi, March 22: In a move that could bolster investment in the fast growing telecom sector the government on Friday decided to raise Foreign Direct Investment up to 74 per cent, up from prevailing ceiling of 49 per cent.
Along with raising the FDI limit, the Union Cabinet also approved revised conditions for such direct investment, Information and Broadcasting Minister P R Dasmunsi said after a meeting of the Cabinet, chaired by Prime Minister Manmohan Singh.