ข่าวเศรษฐกิจประจำวันที่ 5 สิงหาคม 2554
NEW DELHI, August 5 - BUSINESS STANDARD, The private sector funding arm of the World Bank Group, International Finance Corporation (IFC) has plans to invest in Indian companies up to $1 billion in 2011-12. Besides infrastructure sector, IFC would also focus its attention on to other sectors as well such as water, healthcare, energy. - BUSINESS STANDARD – According to the auto industry experts, sales of diesel vehicles make up 1/3rd of the total passenger vehicle sales in India. So, the small vehicle manufacturers in India like Maruti Suzuki Ltd, General Motors India etc. would gain from the government’s policy to end subsidy on diesel for passenger vehicles. - FINANCIAL EXPRESS – Relationship between India and Colombia is getting stronger by the time as sectors like energy have been able to attract investments. Colombia is the second largest trading partner of India after Brazil in South America. - FINANCIAL EXPRESS – Final introduction of Land Acquisition Bill would likely to take place in coming months. The Bill would protect the interest of the farmers and land owners. However, the companies are allowed to deal with the farmers directly and purchase land for private purposes. – BUSINESS LINE – In the much talked about Vodafone tax dispute, the company’s lawyer Mr. Harsh Salve argued in the Supreme Court that Indian Tax Authority has no rights to levy any tax on the foreign firm for overseas deal as there are no such provisions in the present tax legislation of India.
Submitted By:-
Priyesh Narain
Researcher
