Indian industry leaders discuss trade, e-commerce with WTO DG
The Dollar Business Bureau Representatives of industry, including technology and online retail companies in India, on Wednesday discussed matters related to e-commerce and global trade with Roberto Azevedo, Director General of World Trade Organisation (WTO). The roundtable meeting, held in New Delhi, was organised by the industry representative body International Chamber of Commerce (ICC) and attended by Sunil Mittal, Chairman, Bharti Enterprises and representatives of various companies such as Google, Paytm and Snapdeal. The issues discussed related to setting up standards for e-commerce industry, challenges pertaining to businesses dealings due to differences in national or regional norms, facilitating services trade and future of the world trading system. The meeting holds significance as developed member countries are pushing the trade body to initiate negotiations on an agreement on e-commerce in the ...
Japanese investors keen on Indian infra: Jaitley
The Dollar Business Bureau Many Japanese investors have shown keen interest to invest in the growth of the Indian infrastructure, Union Finance Minister Arun Jaitley said. Jaitley was speaking to the media on the first day of his six-day visit to Japan on Sunday. The minister’s visit is aimed to attract investments from Japan. SoftBank Group CEO Masayoshi Son met Jaitley and expressed interest in investing in companies related to the internet and the solar energy sectors. Jaitley said that there are many who would like to invest in the infrastructure sector of India. SoftBank is also looking to invest in some of the biggest solar power projects in the country. The company has formed a joint venture with Bharti Enterprises and Foxconn ...
Solar energy: Focus must be on policy direction & faster clearances
Jayarama Emani | The Dollar Business Government’s should focus on providing policy direction and faster clearances of investment proposals and projects into the renewable energy sector, said an expert. Speaking to The Dollar Business, R Madhusudhan Rao, MD, Oorja Energy Engineering said, “Large investments into new sector like renewable energy is definitely going to have its ripple effect in multiple directions starting from requirement of trained and skilled manpower to demand for ancillary equipment and services and hence policy direction becomes critical.” He went on to add, “Huge investments are bound to come in to this sector due to the inherent advantages that India has in terms of solar radiation and lower installation costs. Additionally, the continued supply gap for power makes ...
