FDI IN INDIA
IndiGo, Etihad Airways show interest in boarding Air India
Representatives from two companies have met govt officials and shown interest in the national carrier.
Market Movers: What changed for D-Street while you were sleeping
Here’s breaking down the pre-market actions.
Insurance intermediaries with majority foreign stake can't repatriate over 75% as dividend: IRDAI
On the quantum of dividend payable, it said...
Competition Commission of India pitches for self-regulation of ecomm platforms
The Competition Commission of India has also advocated that e-commerce players increase in transparency in search rankings, collection and use of data and user review and rating mechanisms.The CCI has also recommended that e-commerce platforms notify the businesses of any proposed changes in terms and conditions and only bring them into effect after a reasonable notice period.
CAIT urges govt to take action against e-commerce firms flouting FDI policy
Terming e-commerce firms "global economic terrorist" and "economic intruders, tax offenders and policy & law violators", the Confederation of All India Traders (CAIT) in a letter sent to Commerce Minister Piyush Goyal demanded early enforcement of e-commerce policy and national retail policy. It also called for constituting an e-commerce ombudsman.
Creating individual e-stores for traders, will roll out at national level soon: CAIT
"We are not against e-commerce and (are) rather of the considered opinion that e-commerce is a rapidly growing future mode of business and have undertaken a task to align the trading community with e-commerce by creating individual e-store of every trader in the country," Khandelwal said.
Why Jeff Bezos' billion-dollar pledge hasn't impressed anyone in India
Bezos faced opposition during his tour to India intended to underscore its importance as Amazon's growth driver.
Cloud kitchens on boil as DPIIT checks FDI compliance
Govt is set to make clear if cloud kitchens, started by food-ordering platforms, violate FDI rules.
E-commerce, new industrial policies likely to be released this fiscal: DPIIT Secretary
The government in February released a draft national e-commerce policy, proposing setting up a legal and technological framework for restrictions on cross-border data flow and also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad. Several firms raised concerns over some points in the draft.
Bezos bullish on India, will invest $1 billion more
Amazon hopes to export goods worth $10 billion from India by 2025.
Centre-state mechanism to facilitate investments: Guruprasad Mohapatra
The department has set up a working group comprising government and industry representatives to suggest broad contours of the policy. He said the situation in manufacturing GVA is “worrisome” with growth contracting by 1% in the July-September quarter of 2019-20 from 6.9% expansion a year ago.
Govt plans new law to protect foreign investment
Foreign investors have highlighted the enforcement of contracts as one of their biggest concerns.
Here’s what will decide if FIIs will stay put in Indian equities in 2020
Foreign institutional investors poured Rs 99,963 crore into Indian equities during 2019.
FDI limit in insurance companies may rise to 74%
The govt may raise the FDI limit in insurance to 74% in the February budget, up from the present 49%.
Govt approves ordinance to remove end user restrictions, boost FDI in coal mining
The government proposes to kick-start commercial coal mining auction process this month.
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