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Government to ban FDI in tobacco sector

After directing the mandatory 85 per cent pictorial warnings on cigarette packets, the Government is now planning to put a complete ban for FDI in the tobacco sector. In the present scenario, FDI has got permission in technology collaboration which...

Apple in talks with DIPP for relaxation of norms

US based iPhone giant, Apple has given a presentation to DIPP (Department of Industrial Policy & Promotion), where it has explained why it should be exempted from the mandatory local sourcing norms. As per the FDI (foreign direct investment), the...

CAIT for rollback of 100% FDI in e-commerce

Traders body CAIT has shown strong opposition against the Government's 100 per cent FDI policy, which - according to CAIT - has put small retailers in a bind. CAIT has asked the concerned bodies to fix loopholes, and allow a level-playing field to local entrepreneurs. Around...

E-comm norms for level playing field: Commerce Minister

The Government on Monday said e-commerce guidelines have brought in "greater clarity" about the sector and they will provide a level playing field to both online and offline stores. "I am very enthused and encouraged by various write-ups in newspapers...

100 pc FDI in 'marketplace' e-comm: Unanswered questions

The big news emerging from the Government of India on Tuesday evening was that 100 per cent FDI is going to be allowed in “marketplace” e-commerce. While the jury is not yet out on whether this is a much-needed welcome move or...

Opposition, trader's body criticize FDI in e-comm

Congress party on Wednesday criticised the Modi Government's decision to allow 100 per cent FDI through automatic route in most of e-commerce retailing, saying it would "play havoc" with 5 crore retailers in the country already facing the brunt of economic...

E-commerce clarity may pave smooth path for Alibaba

The new rules on foreign direct investment in online marketplaces could accelerate the entry of overseas firms such as China's Alibaba Group, both as investors and retailers, and potentially alter India's e-commerce landscape given their deep pockets. According to a...

FDI in e-comm: End of pseudo marketplace models, say experts

While the new policy for foreign direct investment (FDI) in the fast-growing e-commerce sector has been welcomed by several lobby groups and offline retailers, experts note that a few implications of the new guidelines could leave some online players...

Opinion: Impact of 100 pc FDI in e-comm on real estate

India is already host to some of the largest global e-commerce players. The announcement that 100 per cent FDI will now be allowed in e-commerce is going to open the floodgates to a host of other players in this...

Kishore Biyani predicts end of big online discounts

As the Government finally clears the air on the long-awaited definition of e-commerce in India and norms relating to FDI policies, Future Group CEO Kishore Biyani foresees the creation of a level playing field between online and brick-and-mortar retailers,...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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