Fdi Norms

Govt notifies liberalised FDI norms for space sector to boost foreign investment

Amendment made in the FDI policy for space sector through a gazette notification dated April 16, 2024, prescribes liberalized entry route and provides clarity for FDI in satellites, launch vehicles and associated systems or subsystems, creation of spaceports for launching and receiving Spacecraft and manufacturing of space-related components and systems.

Traders' body says 50,000 mobile shops have shut because of illegal practices by e-commerce firms

The Confederation of All India Traders (CAIT) alleges unholy nexus between e-commerce platforms, banks and mobile brands, and points out that while 8 percent of global mobile phone sales happen through e-commerce, this number is much larger in India at 58 percent.

SMBs to launch ‘Asmbhav’ Summit to protest against foreign e-com retailers' practices

The representatives were of the opinion that till such time that India continues to allow foreign retailers to masquerade as marketplaces and platforms in India, success for small Indian sellers would be impossible.

Reporter's Take | Massive online discounts ahead of FDI deadline?

Experts feel that these sales could be a means to dispose inventory as the FDI rules are scheduled to come into effect on February 1.

FDI in multi-brand retail: Non-food items may get nod

Currently, foreign companies can only invest only up to 51 percent in multi-brand retail, while there is no cap on single-brand retail.

'Lockheed Martin looks to expand, set up investments in India'

American aerospace major Lockheed Martin, which has offered to build F16 fighter jets under 'Make in India' initiative, has shown interest in expanding its footprint in India and "stepping up investments", officials said on July 7

India must shun 'holier than thou' approach: Saraswat

NITI Aayog member V K Saraswat said India should not try to appear "holier than thou" with respect to incentives offered to foreign companies at the cost of domestic industry

FDI relaxation in e-commerce to benefit grocery startups: ICRA

The relaxation of FDI norms in e-commerce will help grocery startups access funds more easily, domestic ratings agency ICRA said on June 22

Biyani sees future in Amazon, Wal-Mart's entry into food retail

Kishore Biyani, CEO, Future Group, welcomed government's attempt to open up the economy by relaxing FDI norms in various sectors.

Modi govt surrendering to pressure of US pharma lobby: Sharma

Accusing the government of not being sincere in its intent, senior Congress leader Anand Sharma today said easing of FDI norms in some sectors have been done while ignoring national interests and after "surrendering" to pressure of the US pharma lobby.

New FDI norms to help accelerate India expansion plans: LeEco

Chinese handset maker LeEco on June 20 said the government's move to relax FDI norms for foreign players in single-brand retail will help accelerate its expansion plans in the country

Govt's FDI reforms to attract capital, create jobs: India Inc

Government's move to relax FDI norms in sectors, including civil aviation, single brand retail, defence and pharma, will help attract big investments and boost job creation, India Inc said on June 20

PM likely to chair meeting on FDI roadmap on Tuesday

The Prime Minister's Office has convened a meeting on June 21 to deliberate upon a roadmap for further easing FDI norms to attract more foreign investment.

FDI inflows in 2016-17 to top 15.3% growth in 2015-16: Das

FDI inflows in the current fiscal will top 15.3 per cent rise in 2015-16 on the back of reforms and liberalisation of FDI norms, Economic Affairs Secretary Shaktikanta Das said on June 16

RBI administers FDI policy;ED enforcing authority:DIPP to CAIT

With traders body CAIT alleging violation of foreign direct investment norms in the e-commerce sector by Flipkart and Paytm, the DIPP on May 10 said it is the RBI that "administers" the FDI policy and ED which is the "enforcing authority".

The Delhi HC asks ED to submit probe details of e-commerce cos

The ED had begun investigating 14 e-commerce companies like Flipkart and Snapdeal, after a plea in the Delhi HC had alleged violation of FDI norms.

Experts hail govt's move to relax construction FDI norms

Shishir Baijal CMD, Knight Frank India thinks this as a significant move by the government that would auger well for the cast starved industry.

Cabinet approves relaxation in construction FDI norms

The FDI norms have been relaxed for minimum built-up area and capitalisation. The minimum built-up area has been more than havled to 20,000 square metres. Currently 50,000 sq metres built-up area was a must for FDI, say sources.

Govt notifies FDI liberalisation in Railways

The FDI liberalisation in the sector would help in modernisation and expansion of railway projects. However, FDI will not be allowed in train operations and safety. Earlier, FDI was allowed only in Mass Rapid Transport (MRT) systems.

DIPP to soon float revised cab note on FDI in construction

Cabinet had directed the ministers to iron out the differences. The DIPP has proposed easy conditions for exit for developers before the three-year lock-in period and a change in the current requirement of having a minimum built-up area of 50,000 sq meters to 20,000 sq meters of carpet area for FDI in construction development projects.