Fdi Policy

The changes would redefine how India views foreign-owned companies, whether directly or indirectly, making them subject to foreign direct investment (FDI) regulations when it comes to share transfers or restructurings

Flipkart stops sellers from changing prices of items in alleged violation of FDI policy

According to sources close to the developments, Flipkart might be preventing price changes as a strategy to force sellers to pass on the benefits of lower commissions — charged to sellers in its new rate card — to consumers

Wide stakeholder consultations required to frame national e-commerce policy: Govt

Minister of State for Commerce and Industry Som Parkash said in a written reply to the Lok Sabha that a draft e-commerce policy was placed in public domain on February 23, 2019 for public consultations.

FDI policy for space sector to be released soon, says ISRO chairman S Somanath

In order to encourage more commercial activities and integrate space into India's larger economy, Somanath suggested that the way in which space is viewed needed to change.

CAIT demands Rs 3,000-crore penalty on Siam Makro, alleges violation of FDI norms

The traders' body has claimed that cash and carry brand Lots Wholesale Solutions, a subsidiary of Siam, has violated the FDI norms by selling goods to retail or end consumers without the applicable tax registration.

FDI policy to be tweaked soon to pave way for LIC public issue, says DPIIT secretary

DPIIT will soon approach the Cabinet with the draft of the FDI policy that allows disinvestment in state-run insurer Life Insurance Corporation of India.

Flipkart co-founder Sachin Bansal moves Madras High Court challenging ED notice

Justice R Mahadevan, before whom the writ petition from Bansal came up for hearing on Friday, pulled up the authorities for the delay of 12 years in issuing the notice and adjourned the matter by three weeks, after directing the ED and its officials to file the counters.

CAIT appeals PM Modi to ensure 'no dilution' is made in draft of e-commerce rules

Confederation of All India Traders (CAIT) said the e-commerce companies are treating India as a banana republic having weak laws and rules. CIAT even compared the e-commerce to second East India Company who have defined mandate of emerging as masters of economic slavery.

India attracted highest-ever FDI inflow of $81.72 billion during FY2020-21

The FDI equity inflow in FY 2020-21 grew by 19 percent to $59.64 billion compared to the previous year.

China’s M&A diplomacy: Endgame or endless game?

Chinese companies have been trying to influence not only the production chains but also the value and supply chains to stand out in the global market, and be at the top of the food chain

Will changes in FDI policy meet India’s long-term strategic needs?

The proposed amendments might save Indian firms for the time being, but, more than geographic restrictions, it is sectoral restrictions that may play the desired role

FDI Policy | India finally bites the Chinese bullet

India’s response is part of a worldwide trend where Chinese predatory trade practices and weaponisation of trade has generated an intense backlash. COVID-19 has just accelerated this process

Growth outlook: Are businesses and consumers more to the point than RBI?

Evolution of high-frequency indicators suggests further growth downgrade likely.

FDI worth Rs 61,000 received in defence sector post revision

In a written reply, Minister of State in the Defence Ministry Subhash Bhamre said the FDI policy was last reviewed on June 24, 2016 and as per the revised policy, foreign investment up to 49 percent is permitted under the automatic route.

Government considering FDI relaxation in multi-brand retail policy

Sources said the government is considering permitting foreign supermarket players to open retail stores but only for sale of 'Made in India' products.

Total PE into Indian real estate in 2016 vastly exceeds 2015 inflows

In 2016, equity investments witnessed a return journey to India. After the change in its regulatory framework, the country is now looking way more attractive to investors -– both, foreign and domestic –- than &#82

Large number of Indian MSMEs hit by cheap Chinese imports:Govt

A "significant proportion" of Indian MSMEs seem to be adversely affected by select Chinese imports, which grew at a higher rate compared to shipments from rest of the world, Parliament was informed today.

Airline body moves SC over aviation permit to Tata-AirAsia

The Federation of Indian Airlines (FIA) on Thursday moved the Supreme Court challenging the grant of aviation permit given to Tata-AirAsia joint venture AirAsia India, reports CNBC-TV18.

Commerce Ministry working to align FDI policy with NIC code

The Commerce and Industry Ministry is working to align the FDI policy with the National Industrial Classification (NIC) code with a view to promote ease of doing business for overseas investors.

New FDI norms remove ambiguity, cut down approvals: Lavasa

Government has done away with additional layer of approvals as well as removed ambiguities in the provisions while further opening doors for foreign investments in nine sectors, Finance Secretary Ashok Lavasa said on June 22

Apple needs to apply afresh for opening retail stores

US technology giant Apple Inc will have to re-submit its application for opening single brand retail trade stores in the country and issues concerning cutting edge technology will be settled by the concerned administrative ministry, an official said

FDI in pharma via automatic route a welcome step: Biocon

The government eased foreign direct investment in pharma sector and Kiran Mazumdar Shaw of Biocon says it is a step in the right direction.

Carborundum up 3% as RBI allows FIIs to buy shares of company

In a notification the central bank said Foreign Institutional Investors can now purchase equity shares of the company through primary market and stock exchanges.

DIPP releases simpler, investor friendly FDI compendium

Seeking to make FDI policy simpler, the government on June 8 released an updated compendium by incorporating all policy changes and eliminating unnecessary explanations, but retains the UPA regime's policy on opening of multi-brand retail for foreign investment