Economy Front Page:
- The government plans to relax the bidding norms for the coming ninth round of auctioning of oil and gas blocks under NELP, as the previous round of auctioning failed to generate much interest. (BS)
- With the Commonwealth Games not fetching many customers and the government releasing a large part of the inventory it had earlier reserved for the event, hotel room rates are on a decline in Delhi. (BS)
- Private equity (PE) firms invested about US$2,047mn across 88 deals during the quarter ended September 2010, according to a study by Venture Intelligence, a Chennai-based research firm focused on private equity and M&A transaction activity in India. (BS)
- Government is working on a proposal to open a new overseas borrowing window for Indian corporates enabling them to raise up to US$1bn annually exclusively for infrastructure projects. (ET)
- Foreign direct investment in the country's services sector almost halved to US$1.08bn in the first four months of the fiscal. (ET)
- The government will launch the ninth round of auction under the New Exploration Licensing Policy (Nelp) for the oil and gas sector next week. (FE)
No comments:
Post a Comment