Rajasthan to streamline clearance procedures to encourage investment - Aarti Dhar, Hindu
Rajasthan will streamline the procedures for clearance of projects to encourage investment in the State. This follows reforms in the labour laws and announcement of the New Industrial Promotion and Solar Energy policies announced just last month.
Doing business in India to get easy, registration in just a day - Bharti Jain, ToI
In order to make India a better place to do business, the government is working to cut down the time for registering a business from 27 days to a single day. Towards this end, it has readied a raft of measures, such as, single registration for all labour laws, overhaul of tax systems, reduction in the number of permits required, easing up property registration, quick electricity connection and property registration - measures that are expected to make the country a friendlier investment destination.
Plants linked to cancelled coal blocks can be sold off - Sarita Singh, ET
"An enabling provision allowing the government to frame rules in future auction of mines for self-consumption/sale has been provided. This will stop black-marketing of coal. With this ordinance, stalled power and steel projects will restart, unlocking bank capital and lead to reduction in NPAs," the coal ministry tweeted on Tuesday.
A balancing of interests - Hindu
The range of measures Prime Minister Narendra Modi passionately spelt out at the Pandit Deendayal Upadhyay Shramev Jayate programme on labour reforms reads like a road map to his Independence Day invitation to multinational corporations to ‘Make in India.’ The most significant of them all is the move to simplify the cumbrous current inspection processes, including by allowing enterprises the convenience of self-certification of documents.
Reforms push boosts confidence in Indian equities - Ami Shah, Mint
A weekend decision by the government to decontrol diesel prices and put in place a new gas pricing regime, coupled with the stellar electoral performance of the Bharatiya Janata Party (BJP) in Maharashtra and Haryana, stirred investor hopes of a reform push and boosted the stock markets on Monday. In Haryana, the BJP scored an outright win, putting it in line to form a government on its own for the first time in the northern state. In Maharashtra, it emerged as the single largest party in the state assembly, results declared on Sunday showed.
How Flipkart, Amazon and Snapdeal fund discounts - Mihir Dalal & Shrutika Verma, Mint
E-commerce companies including Flipkart, Amazon and Snapdeal are funding discounts on their sites using mechanisms as complex as the complicated structures some have adopted to circumvent foreign direct investment (FDI) laws in India. The three major e-commerce companies operating in India—Flipkart, Amazon and Snapdeal—all operate as marketplaces. That’s primarily because Indian law doesn’t allow FDI in e-commerce sites that sell directly to customers, but allows it in marketplaces that link sellers and buyers. The marketplaces also provide services such as payment, storage and delivery.
Poll wins set to hasten key economic reforms - Oommen A Ninan & Lalatendu Mishra, Hindu
With the addition of Maharashtra and Haryana States to the BJP kitty, industry expects Prime Minister Narendra Modi to unleash ‘generation next’ reforms. The Manmohan Singh led UPA-II regime failed to push key economic reforms sought by the international investors as well as the domestic sector due to pressure from UPA partners. For instance, the Trinamool Congress walked out of the UPA in protest against the refusal of the government to roll back the diesel price hike and withdraw the decision to bring in FDI in multi-brand retail.
The Mobile first economy - Shelley Singh, Economic Times
Just two seconds can make a difference of hundreds of crores of rupees in some businesses. That's the premise on which HDFC Securities is re-inventing its stock trading app for mobile phones. The new app will feed real time stock quotes to users' phones, shaving the 1.5 to 2 second lag that exists in the current app. This, among other things, HDFC Securities believes, will help increase brokerage earned from transactions done on mobiles from 2.5% of total revenues to 50% in two years.
Departure time gets a new meaning in aviation - Njuli Bhargava, Bus Std
The past four years have seen a steady stream of talent from the aviation sector leaving for industries such as hospitality, financial services, travel and infrastructure companies like GMR and GVK even as promoters of airline companies have been scrambling to bring in chief executives from overseas. With opportunities in India shrinking, many aviation executives who couldn't see themselves as part of any other sector have even left the country to work for airlines overseas. "There's no denying that the sector has seen more than its share of exits in the last few years and that's mainly to do with the state of airlines in India. 
Divestment ball might roll with Coal India, ONGC - Vrishti Beniwal, Bus Std
The government's disinvestment programme might start with a big issue like that of Coal India Ltd or Oil and Natural Gas Corporation Ltd (ONGC) next month, while stake sales in Steel Authority of India Ltd (SAIL) could be put on hold. Coal India's valuation has shot up after the Supreme Court's verdict cancelling private coal blocks last month. The government's decision on Monday provided more clarity. On the other hand, SAIL's stock price has dived in the past few weeks with a rise in steel prices.
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