Foreign Direct Investment

Keeping in mind the probable increase in demand for electronics and sports goods, the UPA government has decided to allow 100 per cent foreign direct investment (FDI) in electronics and sports goods retail. The intended proposal will be revived...

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected that foreign direct investment (FDI) in the country’s real estate market will increase by about US$21 billion to touch US$25 billion by the next 10 years. Releasing the...

According to the Press Information Bureau’s release, based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on June 24, 2008, Finance Minister P Chidambaram has approved Giordano Fashions (India) Pvt. Ltd’s proposal to establish...

A consolidated report on changes made to the policies and regulations that govern foreign direct investment (FDI) in India, was released by the Centre in ‘Press Note 7’ that was issued yesterday. FDI in India is regulated through press notes...

“The parliamentary standing committee will meet the union commerce secretary to draft guidelines on possible regulations in the retail sector within the next two days,” Murli Manohar Joshi, former union minister, said on the sidelines of a meeting on...

From deciding the winners of reality shows on Indian television, the Indian populace may now decide on the future of foreign direct investment (FDI) in Indian retail sector, as a parliamentary panel has sought views from public and traders...

Indian Council for Research on International Economic Relations (ICRIER), in its report on the 'impact of big retail on neighbourhood stores' has supported organised retail in the country. According to the report submitted to the Department of Industrial Policy and...

Finance Minister P Chidambaram, while approving 18 Foreign Direct Investment proposals recommended by Foreign Investment Promotion Board (FIPB) in its meeting held on May 9, has recommended DLF Limitless Developers Private Limited’s proposal to be deferred. DLF had proposed to...

Union Commerce and Industry Minister Kamal Nath said that no foreign direct investment (FDI) will be allowed in the retail sector, and the government is open to reviewing the Special Economic Zones (SEZ) Act if needed. He said that the...

Kishore Biyani Led-Future Ventures’ proposal for induction of foreign equity up to 49 per cent by FIIs, NRIs, FVCIs, multilateral and bilateral development financial institutions has been rejected by the ministry of finance. The company proposed to be engaged in...