Page 28 - Fdi

FDI at record levels, Rs 4.47 trillion sanctioned to NBFCs, HFCs: CEA

The CEA also pointed out the recent disinvestment decisions regarding PSU majors BPCL, CONCOR and SCI

Sri Lanka looks to expand business, pitches for Indian investments

Exports from India to Sri Lanka reportedly rose from USD 600 million in 2001 to USD 4,495 million in 2018

Tamil Nadu stays on upswing, rakes in Rs 19,083 cr investment in 10 months

After Palaniswami took over as chief minister in February 2017, cumulative foreign direct investment (FDI) rose by Rs 46,427 crore from Rs 133 trillion (April 2000 to March 2017) to Rs 180 trillion

Govt refuses to budge on FDI compliance by e-commerce companies

According to the notification by the finance ministry, e-commerce companies have to obtain statutory auditor report by September-end for the preceding financial year

Govt tells e-commerce companies to file FDI-compliance report annually

According to government sources, this decision will help in ensuring compliance of FDI policy in the e-commerce sector

Total FDI inflow into India increased by $62 bn in 2018-19, says govt

Goyal's response came in response to a question by Congress MP Abdul Khaleque on whether the Foreign Direct Investments into India have declined in 2018-19

Govt exploring options to ease FDI norms to attract bidders for Air India

The government for long has been trying to sell debt-ridden Air India but could not attract bidders. It has now again decided to call bids for sale next month

7-Eleven tweaks convenience store format for India roll-out next year

Experts say the emphasis on eating out at 7-Eleven in India is linked in part to curbs on foreign direct investment in multi-brand retail in the country

Odisha topples Maharashtra in attracting new investments in H1 FY20

Corners 18% of virgin investments drawn by all states, compare to Maharashtra's 16%

100% FDI in coal mining will help India to reach 300 MT target: Deloitte

India's move to allow 100 per cent foreign direct investment in coal mining is a "positive move" and a good policy enabler towards the country's long-term ambition of producing 300 million tonnes of steel per annum, a Deloitte official has said. "I think it is a positive move on the part of the government... The global macro-economic environment is softening and it is a step in the right direction," Andrew Swart, Global leader, Mining & Metal, Deloitte, told PTI. In August, the government had allowed 100 per cent foreign investment in coal mining and contract manufacturing. "You get a real opportunity to bring in technical skills in the exploitation of these particular deposits and that's where a lot of international players can add a lot of value to the sector," Swart added. There is an opportunity to partner with some of the global miners specifically in the area of technology transfer, he said and added that this would be an important step in advancing the competitiveness of ...

Set up panel to look into allegations against Flipkart: CAIT to govt

In a statement, CAIT has levelled several allegations against Flipkart which include circumventing the law, causing huge GST and Income Tax revenue loss to the governmen, bypassing the FDI policy

Centre prioritises coking coal contracts over foreign mine purchases

Company may at best consider picking up stakes in coking coal companies instead of going for an outright purchase

Govt to set up mega parks near ports to attract FDI: Textile secretary

Addressing a conference, Textile Secretary Ravi Capoor said there has been a "very good response" from state governments on the proposed mega parks

Letter to BS: Govt needs to focus on increasing its revenue from GST

The government needs to focus on increasing the revenue on GST and help the retailers achieve a good margin.

Inter-ministerial group discusses possibility of further easing FDI norms

Under government route, foreign investor has to take prior approval of respective ministry/department

PM Modi invites global investors to benefit from India's start-up ecosystem

The Prime Minister reiterated his government's commitment to make India a $5 trillion economy by 2024

India to invest $100 bn in refining, pipeline, gas terminals by 2024: PM

Prime Minister Narendra Modi is attending the Future Investment Initiative, dubbed 'Davos in the desert', in Saudi Arabia

Walmart CEO pens a letter to PM on data privacy, regulatory stability

He also appreciated the prime minister for listening to the retailer's concerns on regulatory stability and uniform implementation of regulations in the e-commerce and retail sectors

Turmoil in the marketplace

FDI norms for e-commerce should be relaxed

Opening up of commercial coal mining to 100% FDI unlikely to boost sector

Allowing 100% FDI in commercial coal mining doesn't augur well for the sector at a time when global capital is fleeing coal