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India softens foreign investment regulations, woos Apple

2016-06-21 08:57:00| Telecompaper Headlines

(Telecompaper) India has released new foreign investment rules for retailers. The new regulations pave the way for Apple to resubmit its application and open its first retail stores in India, Reuters reports. The US-based giant currently sells its iPhone, iMac and iPad devices through resellers in India. The new rules exempt foreign retailers for three years from a requirement to source 30 percent of the goods sold in company-owned stores locally. Apple can now also seek an additional 5-year exemption if the government decides that its products meet the 'cutting edge' criteria.

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Weekly Overview: British Pig Genetics in Demand in India

2016-06-21 02:00:00| ThePigSite - Industry News

ANALYSIS - A high-level delegation from the Punjab government has paid a visit to the UK to assess British pig production and genetics as the Indian state intends to develop its burgeoning pig sector.

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CLP and Suzlon form JV for 100MW solar project in Telangana, India

2016-06-21 01:00:00| Power Technology

Hong Kong-based electric company CLP's wholly-owned subsidiary CLP India has formed a joint venture (JV) with renewable energy solutions provider Suzlon Group to develop a 100MW solar project at Veltoor in Telangana.

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India overhauls foreign ownership rules

2016-06-20 13:24:05| BBC News | Business | UK Edition

India announces a radical overhaul of its foreign ownership rules to attract more overseas investment.

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Tata of India Follows Norway's Statoil on Carbon-Price Path

2016-06-20 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Tata Group, Indias biggest conglomerate, is following oil and mining companies including Statoil ASA in preparing to pay for their emissions. Mumbai-based Tata is installing a so-called shadow carbon price in the group, which spans motor car manufacturing, information technology consulting, tea production and steel, Paul Brooks, group director environment, said by e-mail on Thursday. Tata may be ready to buy emission credits in the future, he said. Fossil-fuel producers are among companies...

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