FDI IN INDIA
DPIIT notifies FDI relaxation norms in coal mining, contract manufacturing, single-brand retail
The DPIIT, under the commerce and industry ministry, deals with FDI-related issues. It notifies FDI-related government decisions through Press Notes.
CAIT seeks action against Flipkart, Amazon for FDI norms violation
The Confederation of All India Traders (CAIT) claimed that small retailers...
PM meets Ambani, Adani, other India Inc heads to discuss economy
Richest Indian Mukesh Ambani, Tata group patriarch Ratan Tata, telecom czar ...
UNCTAD sees India growth moderating to 6% in 2019
The central bank has revised downward the FY20 GDP growth rate to 6.9% from 7% earlier after cutting the key lending rate four times in succession.
Partnering India a golden opportunity, says PM Modi
Speaking at the Bloomberg Global Business Forum here, the Prime Minister said India offers a golden opportunity for investment in the country.
DPIIT asks Amazon, Flipkart to disclose names of top 5 sellers, capital structure, inventory details
The DPIIT has asked the cos to share their capital structure, biz model & inventory management system.
Sansui plans to make India a production hub
The Sansui brand is owned by Sansui Acoustics Research Corp whose parent company is Hong Kong-listed Nimble Holdings.
Apple’s 1st own India outlet to come up at Bandra Kurla Complex
US phone-maker said to have leased 25k sq ft space at Maker Maxity mall in the Mumbai hub.
Tracing the trajectory of the evolving MSME sector: Here’s what they need from a reliable financial partner
The sector has done some heavy lifting across operations and is contributing a whopping 40% to the country’s GDP through the 20 Lakh crore of goods and services it produces.
View: Modi government's FDI tweak would reinforce the confidence in investors
With a global slowdown anticipated in coming months, these steps may reinforce the confidence in investors.
FDI jumps 28% to $16 billion in Q1FY20
Inflow of foreign direct investment (FDI) during April-June of 2018-19 stood at USD 12.75 billion.
Govt asks e-commerce firms to file FDI compliance report annually
"Against Sl. No. 15.2.3, for entry (p), the following entry shall be substituted, namely-(p) e-commerce marketplace entity with FDI shall have to obtain and maintain a report of statutory auditor by 30th of September every year for the preceding financial year confirming compliance of the e-commerce guidelines," the gazatte notification said
Home-grown Fabindias, Urban Ladders to gain under new FDI rules
Contract manufacturers get same status as manufacturers and can raise more foreign capital to grow their retail footprint.
FDI inflows up 28 percent in Q1 to $16.3 bn
Among sectors, telecommunications garnered the maximum FDI at $4.2 billion, followed by services sector ($2.8 billion).
Does India need to wait for another crisis to trigger reforms necessary after the recent booster shots?
Govt should ride the wave & unleash more bold reforms that will bear fruit in the coming 3-4 years.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service