Eyeing big-billions in 2015, Govt rolls out FDI red carpet
With an estimated USD 25 billion worth FDI in its kitty during 2014, the government is eyeing a quantum jump in the foreign capital hitting Indian shores in the new year as it hopes to reap the fruits of further opening up of defence, railways and insurance sectors among others.
Dec 28, 2014, 14:30 PM IST
Retail grows to $560-bn in 2014; FDI hopes hang in balance
While the previous UPA government had allowed up to 51 per cent FDI in multi-brand retail, no foreign retailer apart from Tesco had approached the government for permission to set up stores to sell multiple brands under one roof.
Dec 21, 2014, 13:28 PM IST
Govt considering 6 FDI proposals in single-brand retail
In January 2012, India raised the FDI cap in single-brand retail to 100 percent from 51 percent. Around 18 proposals worth USD 173 million were approved between April 2010 and May 2013, as per the government data.
Dec 16, 2014, 17:17 PM IST
Government relaxes FDI norms for construction sector
In view of depleting FDI inflow in construction and real estate sector in last couple of years, the government has reduced the minimum floor area to 20,000 sq mt from the earlier 50,000 sq mt.
Dec 03, 2014, 16:17 PM IST
FDI dips 16% to $2.45 billion in September
Foreign direct investments coming to India declined by about 16 percent to USD 2.45 billion in September, registering a fall for the second month in a row.
Nov 23, 2014, 17:21 PM IST
Retail sector to grow at 16% rate over next 3 yrs: Report
India's retail sector is expected to grow at a slower rate of around 16 percent over the next three years as against 18 percent previously, according to India Retail Report.
Sep 21, 2014, 20:12 PM IST
Govt will not allow FDI in multi-brand retail: Nirmala
The NDA government will not allow foreign direct investment in multi-brand retail, Commerce and Industry Minister Nirmala Sitharaman said Monday.
Sep 08, 2014, 17:22 PM IST
Government not to allow FDI in multi-brand retail
The union government has decided not to allow any foreign direct investment in the multi-brand retail trade. This was stated by Commerce and Industry Minister- Nirmala Sitharaman on Monday.
Sep 08, 2014, 17:00 PM IST
FDI of nearly $200 bn in textile sector in 2013-14
Foreign direct investment (FDI) of USD 199 billion was made in India`s textile sector in the financial year 2013-14, government data shows.
Aug 17, 2014, 22:48 PM IST
'India only received investment bid in multi brand from Tesco'
Apart from UK-based Tesco Plc, the government has not received any other proposal for investment in the country's multi brand retail sector so far, Parliament was informed on Friday.
Aug 08, 2014, 18:26 PM IST
Economic Survey 203-14: FDI in railways should be examined carefully, quickly
Noting that FDI and privatisation in railway sector could be the next big ticket reforms, the Economic Survey today said the government's proposal to relax FDI in railways should be examined carefully and quickly.
Jul 09, 2014, 20:15 PM IST
Govt proposes 49% FDI in insurance, caps voting rights to 26%
The government plans to increase foreign direct investment in the insurance sector to 49 percent with a rider that voting right of overseas partner will remain capped at 26 percent.
Jul 07, 2014, 20:12 PM IST
FIPB clears six FDI proposals worth Rs 551 crore
FIPB has cleared six FDI proposals with estimated investments of Rs 551 crore, including Mauritius-based Destimoney Enterprises' Rs 489.99 crore proposal for subscribing to partly paid equity shares of PNB Housing Finance Ltd.
Jul 03, 2014, 19:03 PM IST
FDI in e-commerce will help SMEs scale operations, reach
Pushing for introducing FDI in B2C e-commerce, industry bodies and e-commerce firms have said such moves will help SMEs scale up their operations and aid expansion into smaller parts of the country.
Jun 16, 2014, 21:02 PM IST
Walmart to roll out B2B e-com; studying FDI in multi-brand
US retail giant Walmart will roll out business-to-business (B2B) e-commerce operations in select locations in India next month and will continue to 'study the environment' for FDI in multi-brand retail.
Jun 13, 2014, 20:09 PM IST
FDI in services sector drops 54% in 2013-14
Foreign direct investment in the services sector declined by about 54 per cent year-on-year to USD 2.22 billion last fiscal, according to data from the Department of Industrial Policy and Promotion.
Jun 08, 2014, 15:12 PM IST
'With new govt, positive sentiment trickling in hiring cos'
Leading HR consultancy firm Randstad India today said there is cautious optimism with the new government in power, and the positive sentiment is trickling through the hiring companies with a little bit of uptake on the number of jobs.
Jun 06, 2014, 20:59 PM IST
