21st Century Fox Company CHief Operating Officer James Murdoch and Uday Shankar, CEO of Fox's Star India, met Indian Prime Minister Narendra Modi in New Delhi. Details of what was discussed at the meeting are not available. According to The Hollywood Reporter, Star India operates more than 40 networks, reaching...
UK-India Business Leader Says Doing Business in India Has Become Easier
The Times of India interviewed Patricia Hewitt, Chair, U.K. India Business Council, the business-led organization that works with the British government to promote bilateral trade between the U.K. and India. She said in the interview that “the election of the Narendra Modi government, with a decisive mandate for growth and...
Foreign Institutional Investors Discuss Concerns with Prime Minister Modi
Ahead of the 2015-16 Indian budget, finance minister Arun Jaitly convened a meeting to address the concerns of Foreign Institutional Investors (FIIs). The meeting was attended by Prime Minister Narendra Modi, Reserve Bank of India Governor Raghuram Rajan, and Securities and Exchange Board of India Chairman U. K. Sinha along...
What costs less in India than in China?
CNN Money says: India's airline industry is a mess. Taxes are sky-high, infrastructure is poor and profit margins are razor thin. A string of carriers have gone out of business, and many others are struggling to stay afloat. For now, howevery, India has the least expensive flights on the earth....
U.K. Miner to Invest $500 Million to Develop Diamond Project in Bunder
Sam Walsh, CEO of London-based Rio Tinto Group has had three discussions with Indian Prime Minister Narendra Modi on the planned $500 million Bunder diamond mine in the state of Madhya Pradesh in central India, and the Odisha iron ore project in eastern India. “We’re waiting for approvals, forestry and...
Mutual Funds Were up 47% in 2014
A review of performance for various asset classes for the year 2014 by USA Today, states that equity mutual funds and stocks have performed exceptionally well. Overall, India equity funds have gained 47.1%. Numerous ETFs focusing on the country have also been up considerably on optimism surrounding the election victory...