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FDI CLARIFICATIONS
PHDCCI urges govt to issue clarification on FDI policy in e-commerce sectorIn a letter to Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Anurag Jain, the chamber said the loopholes in the...
DPIIT to hold meetings with industry, trader bodies on FDI in ecommerceThese meetings assume significance as last month Commerce and Industry Minister Piyush Goyal had said that the government was considering c...
Goods procured from SEZs by single brand retailers to qualify for meeting local sourcing normsAccording to the current foreign direct investment (FDI) policy on single brand retail trading, 100 per cent overseas investments are allow...
DPIIT to soon issue clarification on 26 per cent FDI in digital media sectorThere are mainly two issues -- how the FDI policy of the sector would treat news aggregators and what would happen to those digital media c...
DPIIT seeks I&B Ministry's views on issues raised on 26% FDI in digital media sectorIndustry players and experts have stated that the move to cap FDI in the sector to 26 per cent throws up questions that need clarifications...
Government may soon allow 100% FDI in cash, ATM management companiesCurrently, firms dealing in cash and ATM management are confused about compliance with the Act, under which they can receive FDI only up to...
Govt may relax FDI norms for muti-brand retail on ThursdayThe government is likely to liberalise FDI norms for multi-brand retail tomorrow, a move that Finance Minister P Chidambaram expects will h...
Govt should stick to the clarifications on retail FDI: CAIT"If this concession is agreed to, it will totally go against the promise made by you in Parliament at the time of approving FDI in multi-br...
Govt may further simplify FDI norms in multi-brand retailGovt had issued clarifications on investment guidelines last week but they failed to enthuse domestic and foreign retailers.
FDI in retail: Clarifications on mandatory sourcing and back-end investment likely todayForeign chains including Walmart and Tesco have asked the government to consider farm sourcing as part of the minimum 30% sourcing from the...
Government to issue clarifications in FDI policy: Anand SharmaThe two ministers are believed to have discussed the issue of redefining FDI and foreign institutional investment (FII) to remove ambiguiti...
More clarity on retail foreign direct investment this weekForeign retailers will be allowed to include only processed food items in the mandatory minimum 30% sourcing requirement from small enterpr...
- Draft cabinet note on sourcing norm for FDI in retail soon
The commerce and industry ministry will soon circulate a draft cabinet note to bring out further clarifications on the mandatory 30% sourci...
- ICICI Bank awaits clarification from Dipp on new FDI norms
ICICI Bank sought clarification on the new foreign direct investment norms.
- Govt to now count banks as 'our own'
The status of investments made prior to the introduction of the new norms in February this year via Press Notes 2, 3 and 4 could also be su...
- Govt to issue clarification on changes in FDI policy
Under attack for allowing FDI through "back-door" in sectors like multi-brand retail, the government is likely to come out with a clarifica...
- FIIs may be out of aviation FDI cap
RBI has said FIIS can pick up stake in airlines beyond the 49% limit through secondary market purchases.