Page 30 - Latest Updates on FDI
FDI reforms in single-brand retail a win-win for global firms: Deloitte
The move would also give a boost to the pillars of the Indian retail industry, says Deloitte
 "FDI reforms in single-brand retail a win-win for global firms: Deloitte")
A positive move
FDI policy should be supplemented with wider reforms
 "A positive move")
Best of BS Opinion: Seeking foreign partners, easing FDI norms and more
The most successful Indian firms are seeking out foreign partners, but this time the deals are qualitatively different
New FDI norms: Govt plans mega meet to fast-track Make in India
Telecom and IT minister Ravi Shankar Prasad has invited all stakeholders in the handset industry for a meeting next month to clear any doubts on the contract manufacturing policy, says sources
 "New FDI norms: Govt plans mega meet to fast-track Make in India")
Letters to BS: 100% FDI in commercial mining is good, executing it is key
The government failed to open the industry to competition, despite liberalisation of the economy years ago
Letters to BS: Cabinet's move to increase FDI could be a game-changer
The big stimulus could also help to considerably ease trade tensions between India and the US
 "Letters to BS: Cabinet's move to increase FDI could be a game-changer")
FDI norms eased for single brand retail, digital media, manufacturing
Exports to be factored in to meet 30% domestic sourcing norm
 "FDI norms eased for single brand retail, digital media, manufacturing")
Govt okays 100% FDI in contract mfg, eases rules for single brand retail
The Union Cabinet also approved 100% FDI under automatic route in coal mining and associated infrastructure
 "Govt okays 100% FDI in contract mfg, eases rules for single brand retail")
Govt to consider relaxing FDI norms in single brand retail on Wenesday
he present FDI policy is silent on the fast-growing digital media segment
 "Govt to consider relaxing FDI norms in single brand retail on Wenesday")
Govt may soon consider easing local sourcing for FDI in single-brand retail
Currently, online sale by a single-brand retail player is allowed only after opening of physical outlet
 "Govt may soon consider easing local sourcing for FDI in single-brand retail")
NDTV's Prannoy Roy, wife, former CEO booked for alleged FDI norms violation
It is alleged that the company floated 32 subsidiaries in several tax haven countries to bring foreign funds to India through sham transactions
 "NDTV's Prannoy Roy, wife, former CEO booked for alleged FDI norms violation")
Govt looks at eliminating FDI security gaps through scrutiny measures
Foreign investment in strategic sectors main worry
 "Govt looks at eliminating FDI security gaps through scrutiny measures")
India attracts highest-ever FDI inflow of $64.37-billion in FY19: Report
According to the Annual Report 2018-19 of the DPIIT, foreign direct investments (FDI) worth $286 billion were received in the country in past five years
 "India attracts highest-ever FDI inflow of $64.37-billion in FY19: Report")
Better business climate, trade norms will help India attract FDI: IMF
Further, the IMF has suggested for gradual liberalisation of portfolio investments, while monitoring risks of portfolio flow reversals
 "Better business climate, trade norms will help India attract FDI: IMF")
Goyal backs multi-brand FDI policy, says no changes in the offing
Britain's prime ministerial frontrunner Boris Johnson had recently expressed his disappointment at UK retailers like Sainsbury's and Waitrose not being able to set up base in India
 "Goyal backs multi-brand FDI policy, says no changes in the offing")
Relaxing FDI limit in insurance intermediaries to boost distribution: Fitch
The proposed change is only applicable to insurance intermediaries while the cap on foreign ownership in insurance companies will remain at 49%
 "Relaxing FDI limit in insurance intermediaries to boost distribution: Fitch")
India Inc's FDI down over two times to $820 million in June, shows RBI data
In May, the Indian firms had invested over $1.56 billion in their overseas ventures
Budget impact: FDI cap in insurance sector may be raised to 74%
The govt is also looking to allow FDI in information utilities at 100% through govt approval route
Budget 2019: FM eases sourcing local norms, opens doors to Apple Stores
Aiming to attract big players, single-brand retail firms may be permitted to open online stores before setting up brick-and-mortar shops if they bring in over $200 mn FDI
 "Budget 2019: FM eases sourcing local norms, opens doors to Apple Stores")
FDI: Bringing all stakeholders on board
To take the economy to $5 trillion, India needs a clear and consistent position on foreign direct investment
 "FDI: Bringing all stakeholders on board")