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"Completion of the transactions is subject to Indian regulatory
approvals and other customary conditions," the statements said.
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The USD 7.2 billion deal is seen as the biggest FDI into
India. Other proposed big transaction--Posco's 12 billion
investment announced years ago for a steel plant in Orissa--
Kasab verdict enhances Indian legal system's prestige: HM
New Delhi, Feb 21 (PTI) Welcoming the confirmation of
death penalty of 26/11 convict Ajmal Kasab by the Bombay High
Court, Indian Home Minister P Chidambaram Monday said it had
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Patil said the government "fully shares the concern about
the ill-effects of black money whether generated by evasion of
taxes on income earned legitimately or through illegal
Sharing information on black money with India: Mauritius
New Delhi, Feb 21 (PTI) Mauritius has provided Indian
authorities with banking information and other financial
details on more than 90 cases of suspected tax evasion and
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There are agreements in place for exchange of information
on entities indulging in tax evasion and tax frauds, but
concerns have been raised over certain lapses.
2ND LD KASAB HC upholds Kasab`s death penalty
Mumbai, Feb 21 (PTI) The Bombay High Court in the west
Indian state of Maharashtra Monday confirmed the death penalty
awarded to Mumbai 26/11 terror attack accused Ajmal Kasab,
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The President pointed out that the huge quantum of
investment in infrastructure sector cannot be funded by the
state alone.
Prez address signals more reforms, efforts to check inflation
New Delhi, Feb 21 (PTI) Signalling that the forth
coming budget would give a vigorous push to economic reforms,
Indian President Pratibha Patil Monday said the government's
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On Afghanistan, the President said the government would
continue to work for the return of stability and peace in that
country and help the Afghan people in their reconstruction
