Of Welspun, Cyprus and the FEMA conundrum

The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just......

Govt gives extra time to 14 SEZ developers

The government has given more time to as many as 14 special economic zone developers, including Cognizant Technology Solutions and Parsvnath SEZ Ltd, to execute their projects.At a recent meeting,......

L&T approaches govt to surrender SEZ

Reflecting lack of enthusiasm for special economic zones, 16 developers including Cognizant Technology Solutions and Parsvnath SEZ have sought more time from the government for implementing their......

Benefits of port liberalisation

In contrast to the rest of India, where it is the government that predominantly owns and manages ports, Gujarat has implemented various forms of port liberalisation since the 1990s. This has helped......