Foreign direct investment in international business

LMG has 30 stores including all the four brands in India right now and they are going to add six more stores every month. They will also add five more malls to their Lifestyle chain this year from the present 12. … [Read more...] about Landmark to bring in more foreign brands

BERLIN: German telecoms group Deutsche Telekom and Spanish cell phone mast operator Cellnex said on Thursday they would combine their tower business in the Netherlands and set up a joint fund to invest in digital infrastructure.Once the deal closes, Cellnex Netherlands will operate 4,314 sites, including 180 new ones which will be built over the next seven years. Cellnex will own 62% of the new entity, while Deutsche Telekom will hold 38% through the fund.The companies will become anchor investors in a newly established Digital Infrastructure Vehicle (DIV), an investment fund focused on European digital infrastructure. Deutsche Telekom will transfer its T-Mobile Infra business to the fund, they said.Deutsche Telekom will receive a 250 million euro ($303 million) cash payment and a shareholding in DIV, they added in the statement. This translates into a capital commitment of Deutsche Telekom of around 400 million euros to the fund.Cellnex also agreed to commit 200 million euros of … [Read more...] about Deutsche Telekom, Cellnex combine Dutch cell phone tower businesses

by Anurag KumarHealth spending is largely viewed as a cost. This is true of Governments and individuals alike. Finance Ministries thinks of health as a social sector expenditure. Individuals avoid paying for health till it becomes absolutely necessary and unavoidable.It would be wise for both, Governments, and individuals to consider health as an investment instead. Individual ‘investment’ in self-care and preventive health yield returns by lowering need for, and spending on curative care. Government investment in health has a strong multiplier effect throughout the economy in addition to enhancing the population’s well-being.The 2021 budget presents an opportunity to mark a departure from the chronic, low public spending on health. Policymakers should take the Covid-19 pandemic as a cue to move health expenditure to a higher orbit. Beyond the immediate need to fund Covid-19 vaccination, it is also a critical juncture where the role and impact of public health funding … [Read more...] about Investing in health is good economics

What are the principles that have guided America’s foreign policy over the last two centuries, including its phases of intervention and isolation? America in the World, Robert Zoellick’s account of U.S. foreign policy, sets out to answer this question. The book is ambitious in scope. It sets out to tell the story of American diplomacy over two hundred years, from the birth of the republic, when Benjamin Franklin was sent as envoy to establish relations with France and England, to the presidency of George H.W. Bush and the First Gulf War. … [Read more...] about ‘America in the World: A History of U.S. Diplomacy and Foreign Policy’ review: America’s role in the world

According to the NCB, the accused would courier these packages to their contacts in foreign countries from international courier centres, where there is less scrutiny. The duo have been taken into custody to ascertain the sources of drugs and also their international network Mr. Ghawate said. … [Read more...] about NCB busts international drug racket, seizes 49.3 kg of ephedrine