Page 5 - Foreign Direct Investment

Higher FDI in defence sector to attract MNCs, give 'Make in India' a boost

The local companies will be at a disadvantage if they don't' get orders from the government

Measures to attract FDI must be backed with proper infra: Ashok Leyland MD

Comment comes at a time when Centre and various State governments are aiming to attract companies looking at shifting their operations out of China

How merely a change of rule can draw more FDI in sectors like insurance

Despite the presence of 24 life insurance companies and 34 non-life companies, the needle of insurance penetration in the country has hardly moved over the years

DPIIT notifies decision to permit NRIs to own up to 100% stake in Air India

The FDI policy earlier permitted NRIs to take only 49 per cent stake in the airline

In a major boost to electronic giants, SEZs clear local sourcing test

While 100 per cent foreign direct investment (FDI) is allowed in single-brand retail, if the foreign investment exceeds 51 per cent, the 30 per cent mandatory local sourcing norm kicks in

DPIIT notifies policy to allow 100% FDI in insurance intermediaries

Till now, FDI up to 49% was allowed in insurance intermediaries through the automatic route

Big e-commerce meets small business: A balancing act for Amazon, Flipkart

As trader groups cry foul against them, Amazon and Flipkart learn to do business with small business

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

Understand legal nitty-gritty of investing in Indian realty for NRIs

NRIs must ensure that the project they invest in is registered with the state RERA authority and complies with its regulations

Odisha's FDI equity inflows surge 330% to $43 million in H1FY20

FDI equity inflows in Gujarat more than doubled from $1.5 billion in H1 FY19 to $3.5 billion in H1 FY20

DPIIT to soon issue clarification on 26% FDI in digital media sector

The DPIIT has already taken views of the Information and Broadcasting Ministry on the issue

The global easing cycle

India will need interventions to protect financial stability

Govt examining foreign fund flows in infra, telecom at sensitive locations

Many departments and agencies, including the Reserve Bank of India (RBI), have been involved in the exercise

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

M&A in auto sector up 73% to $449 million in CY19 despite slowdown

Growth led by $275 million Mahindra-Ford deal, domestic volumes cross $100-million mark first time since 2017 to touch $141 million

DPIIT received complaints of e-commerce firms offering discounts: Goyal

The Reserve Bank of India (RBI) administers the FEMA and Directorate of Enforcement is the authority for the enforcement of the act

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

Inter-ministerial group discusses possibility of further easing FDI norms

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

Trying to negotiate with CIL workers; things to normalise soon: Prahlad

Last week, the trade unions had declined to attend a meeting with Joshi to discuss their demand of withdrawing 100 per cent FDI in coal mining