Page 2 - Fdi In India

Space industry says easing of FDI norms will pave way for innovation

India's nascent private space industry on Thursday welcomed the easing of FDI policy for the sector, terming it as a "pivotal move" to boost investments and help the country increase its share in the global space economy. "The easing of FDI norms will have a similar impact on the space sector as the 1991 liberalisation policy had on the overall economy," Tushar Jadhav, co-founder and Chief Executive Officer Manastu Space told PTI. Industry leaders said the government decision to permit 100 per cent overseas investment in making components for satellites and up to 49 per cent FDI through the automatic route for launch vehicles and associated systems or subsystems, creation of spaceports for launching and receiving spacecraft has given the much needed clarity for the sector. Several industry leaders cited examples of how foreign investors were hesitant to invest in the space sector through the government route, which was the case earlier, due to a series of approvals that were require

Agilitas Sports secures Rs 100 cr Investment from Nexus Venture Partners

Sport comprises 16 per cent of the Indian footwear market and is the fastest-growing segment

German firm TÜV SÜD invests 15 mn euros in lab test facility in Bengaluru

TÜV SÜD has 2,500 employees in India out of its total global headcount of over 30,000 employees. In India alone, the company recorded revenues of Rs 500 crore this year

For EV battery infra: Gogoro open to commit billions to India story

Taiwan's electric vehicle giant unveils first e-scooter in India

Net FDI into India declines sharply to $5 billion in Q1, shows data

The sectors that received most of the investment during this period included manufacturing, financial services, business services, computer services, electricity, and other energy sectors

Revised FDI policy in space sector nearing final approval: Jitendra Singh

He further told the Lower House that IN-SPACe has received 135 applications from 135 non-governmental entities (NGEs) in the space sector to date

India may attract $475 bn in FDI over next five years: CII-EY survey

The study says 71% of MNCs see the country as a key destination for their global expansion

FDI inflow in R&D sector grows six-fold YoY to Rs 344 million in 2021

Karnataka attracted the most FDI in this space, followed by Telangana and Haryana. Flows into Karnataka were up more than 250% YoY

Govt permits 100% FDI in oil & gas PSUs approved for disinvestment

"The above decision will take effect from the date of FEMA notification," an official statement said

FDI in India rose by 13% in 2020 as inflows declined in major economies: UN

Foreign Direct Investment into India rose by 13% in 2020, boosted by interest in the digital sector, and while fund flows "declined most strongly" in major economies, the UN has said

Ladakh standoff: FinMin proposes restrictions on FDI in pension funds

The restriction would be applicable from the date of notification by the Government of India

Marred by Covid-19, global FDI flows likely to plunge 40% in 2020: UNCTAD

The pandemic is a supply, demand and policy shock for FDI. The lockdown measures are slowing down existing investment projects

Varying beneficial ownership caps muddy waters for FDI investments

Ambiguity on whether investment falls under automatic route or requires govt approval

Hearing into Amazon's petition against CCI probe to continue on third day

The CCI had ordered an investigation against e-commerce companies including Amazon and Flipkart

Piyush Goyal asks e-commerce players to strictly adhere to FDI norms

Goyal said obviously if the company makes a loss of Rs 6,000 crore, they have to bring in money to pay for that loss

Frivolous litigation hurts India's image as FDI destination: Bidvest

South African group seeks Centre's help in Mumbai airport dispute

More than 40 global brands may go online soon in India after FDI reforms

Brands hope for volume sales even before setting up physical stores

Maharashtra pips Delhi NCR again as race for FDI gets hotter in Q3

Delhi's nine-month show slightly better than western state's due to huge lead in Q1 inflows

Delhi-NCR gets 25% of FDI in Apr-Dec 2018-19, overtakes Maharashtra

FDI worth $8.3 billion was reported in the national capital region during the nine-month period ending December 2018. While Maharashtra region received $8 billion in the same period

More European nations want fast track system with India for investments

India is also in the process of establishing this system with Italy and Holland