News for 'Department for Promotion of Industry'

Stalin takes up 'severe oxygen crisis' with Modi

Stalin takes up 'severe oxygen crisis' with Modi

Rediff.com7 May 2021

Flagging the 'severe crisis' over availability of medical oxygen in Tamil Nadu, Chief Minister M K Stalin on Friday urged Prime Minister Narendra Modi to intervene and ensure it gets supplies and for the Centre to make available containers and trains to transport the life saving gas to the state.

Venture fund for defence firms

Venture fund for defence firms

Rediff.com21 Feb 2008

The $100-million fund, which has the option to raise a further $200 million, will benefit small and medium enterprises engaged in defence production.

Biden reiterates US support for India's permanent seat in UNSC

Biden reiterates US support for India's permanent seat in UNSC

Rediff.com25 Sep 2021

Biden has reiterated America's support for India's permanent membership on a reformed UNSC and its entry into the NSG during his first in-person bilateral meeting with Modi at the White House.

Govt turns down FDI in retail e-commerce

Govt turns down FDI in retail e-commerce

Rediff.com10 Jun 2015

Ecommerce firms will have it tough as govt turns down FDI proposal.

BSNL's 4G dream is mired in controversy

BSNL's 4G dream is mired in controversy

Rediff.com7 May 2020

Just to promote govt's policy of Make in India, BSNL said, it cannot afford to procure sub-standard equipment from inexperienced companies, not having proven technology. BSNL complained that when competitors were procuring world-class 4G equipment from experienced vendors, why should BSNL be compelled to procure locally.

Business reforms: Gujarat ranks behind West Bengal

Business reforms: Gujarat ranks behind West Bengal

Rediff.com17 Sep 2020

While other states are becoming competitive, Gujarat, say experts is not paying enough attention to maintaining its own position in terms of business reforms.

National e-com policy to be announced within 12 months: Govt

National e-com policy to be announced within 12 months: Govt

Rediff.com26 Jun 2019

The government, in February, had released the draft national e-commerce policy proposing setting up a legal and technological framework for restrictions on cross-border data flow and also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad.

UP portfolios announced; Adityanath retains home

UP portfolios announced; Adityanath retains home

Rediff.com22 Mar 2017

The list has been sent to Governor Ram Naik for approval.

RBI policies cannot check food inflation

RBI policies cannot check food inflation

Rediff.com30 Nov 2010

The Reserve Bank of India has also expressed concern over rising inflation and said the prevailing level is above its comfort zone.

Foreign airlines may get nod to invest in Indian carriers

Foreign airlines may get nod to invest in Indian carriers

Rediff.com21 Sep 2011

The Industry Ministry is in favour of allowing foreign airlines to invest in domestic carriers, saying it would help the cash-crunch industry to raise equity, an issue that does not find support among many Indian airlines.

Single-brand retail chains step up India entry pace

Single-brand retail chains step up India entry pace

Rediff.com11 Jan 2013

Three foreign single-brand majors apply in the past one month.

'Vested interests want private players in space'

'Vested interests want private players in space'

Rediff.com26 Jun 2020

'ISRO facilities are very expensive and any damage caused by these start-ups can create havoc to our space programme.'

Covid leaves Surat's textile mills in tatters

Covid leaves Surat's textile mills in tatters

Rediff.com12 Jul 2021

Since he lives locally, Harish Patel is one of the luckier migrant workers in Surat - in that his employer was able to squeeze in a single shift for him at the weaving unit in Kamrej in Gujarat - unlike others who went home for Holi and other festivals just as the second wave of the Covid-19 pandemic was waxing and ended up stranded in local lockdowns.

Gutka scam: CBI raids residences of Tamil Nadu health minister, DGP

Gutka scam: CBI raids residences of Tamil Nadu health minister, DGP

Rediff.com5 Sep 2018

This is perhaps for the first time the CBI raided a serving police chief of a state.

Taxman eyes Rs 100bn in recovery from 'struck-off' cos

Taxman eyes Rs 100bn in recovery from 'struck-off' cos

Rediff.com20 Aug 2018

The CBDT asks ministry of corporate affairs not to oppose its application to restore the companies struck off by the Registrar of Companies, as it would prevent the board from launching tax recovery proceedings against them.

Modi to meet 15 global funds as India seeks investment to lift economy

Modi to meet 15 global funds as India seeks investment to lift economy

Rediff.com22 Oct 2020

The main purpose of the meeting is to assess their views on reforms that are required to attract long-term capital into the country.

India imposes restriction on public procurement from China

India imposes restriction on public procurement from China

Rediff.com24 Jul 2020

The Government of India amended the General Financial Rules 2017 to enable imposition of restrictions on bidders from countries which share a land border with India on grounds of defence of India, or matters directly or indirectly related thereto including national security, an official statement said.

Multi-brand retail FDI policy riders might be eased

Multi-brand retail FDI policy riders might be eased

Rediff.com18 Jul 2013

The department of industrial policy and promotion, nodal agency for FDI policy under the ministry of commerce and industry, seems to have prepared a note for the Cabinet Committee of Economic Affairs to consider.

Will HPCL, too, get the coveted Maharatna status?

Will HPCL, too, get the coveted Maharatna status?

Rediff.com11 Mar 2019

If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.

Data flow for new WPI less than desired

Data flow for new WPI less than desired

Rediff.com8 Sep 2008

The industry department had planned to get 10,000 price quotations from producers in order to have a new-look WPI, which incorporates a better snapshot of the economy. Out of this, 8,000 products are manufactured items. However, it now emerges that the DIPP may get price quotations from only 6,400 industrial units and factories.

Baghel's move to buy private medical college backfires

Baghel's move to buy private medical college backfires

Rediff.com12 Aug 2021

The private college and hospital has been in the thick of controversy following irregularities and fraud, raising questions on why the Chhattisgarh government wants to acquire the debt-ridden institution by paying double the amount of its valuation.

IT dept draws roadmap for e-development

IT dept draws roadmap for e-development

Rediff.com6 Sep 2010

The draft proposal of the five-year plan focuses on a multi-pronged strategy to achieve e-development: creation of e-infrastructure to facilitate and promote e-governance, promotion of electronics and information technology industry, promotion of e-inclusion, providing support for creating innovation, building knowledge networks and securing India's cyber space.

Centre-Bengal ties may hold key to investments

Centre-Bengal ties may hold key to investments

Rediff.com6 May 2021

Though the mandate is seen largely an outcome of Banerjee's welfare schemes, she has promised to industrialise at a faster pace, or so read the manifesto.

Marks & Spencer: Single brand or multi-brand retail?

Marks & Spencer: Single brand or multi-brand retail?

Rediff.com17 May 2013

DEA objects to the company's 29 Indian stores having sub-brands as a rule violation; DIPP doesn't agree.

FIPB may take up Fossil Inc's FDI proposal this month

FIPB may take up Fossil Inc's FDI proposal this month

Rediff.com13 Dec 2012

It plans an investment Rs 20 crore.

Digital firms, traders to lobby for e-commerce policy with Piyush Goyal

Digital firms, traders to lobby for e-commerce policy with Piyush Goyal

Rediff.com7 Jun 2019

According to CAIT, e-commerce policy should take within its ambit not only foreign players but also domestic ones.

E-commerce policy may miss 2019 deadline

E-commerce policy may miss 2019 deadline

Rediff.com10 Oct 2019

The proposed policy is increasingly becoming an item of negotiation, as the US pushes hard to change India's stance.

How much diamonds were imported in April-November?

How much diamonds were imported in April-November?

Rediff.com2 Mar 2018

Two entities under the Union ministry of commerce report differing figures for import of cut and polished diamonds for the first eight months of the financial year.

FIPB to decide on IKEA's Rs 10,500 cr proposal in Nov

FIPB to decide on IKEA's Rs 10,500 cr proposal in Nov

Rediff.com24 Oct 2012

This is the largest investment in the single-brand retailing ever since the government has allowed foreign direct investment.

Sebi puts curbs on HNI, 4 firms for manipulation

Sebi puts curbs on HNI, 4 firms for manipulation

Rediff.com3 Dec 2010

The Securities and Exchange Board of India (Sebi) on Friday banned Mumbai-based high net worth individual Sanjay Dangi and promoters related to him from dealing in equity markets. Promoters and promoter entities of Murli Industries Ltd, Ackruti City Ltd, Welspun Corp Ltd, and Brushman India Ltd have been barred from trading in their own and group companies' shares.

FDI from China drops to $141 million in 4 years

FDI from China drops to $141 million in 4 years

Rediff.com25 Oct 2018

Overall, cumulative direct investment from China stood at just $2.05 billion till June 2018, according to consolidated DIPP figures

Rs 300-cr awareness programme on IPR

Rs 300-cr awareness programme on IPR

Rediff.com31 Mar 2008

The Department of Industrial Policy and Promotion (DIPP), the nodal department that handles intellectual property rights (IPR) related matters under the commerce ministry, is launching an ambitious Rs 300-crore (Rs 3 billion) project to sensitise all stakeholders, including law enforcement agencies, scientists, companies, ministries and the general public on IPR issues.

Agnipath: Veterans fail to find govt jobs after retirement

Agnipath: Veterans fail to find govt jobs after retirement

Rediff.com21 Jun 2022

Even as Union ministers allay misgivings over Agnipath, figures show a meagre 2.4 per cent of the ex-servicemen who applied for a government job could get one as the Centre and the states have been unable to recruit against the reserved quotas. Public sector undertakings (PSUs), ministries, and officials of Sainik Boards have blamed it on the lack of skill among ex-servicemen. They say veterans' inability to qualify in selection exams is one of reasons for this. Also, non-recognition of qualifications obtained from the military are reasons why their recruitment has remained significantly low, pushing them towards low-skill jobs.

Modi says India is mother of all democracies, flays populism politics

Modi says India is mother of all democracies, flays populism politics

Rediff.com12 Jul 2022

He recalled that the state was home to Vaishali, said to be the oldest republic in the world.

UAE Prez Sheikh Khalifa bin Zayed dies, India declares state mourning

UAE Prez Sheikh Khalifa bin Zayed dies, India declares state mourning

Rediff.com13 May 2022

Since becoming the president of the UAE, Sheikh Khalifa has presided over a major restructuring of both the Federal Government and the government of Abu Dhabi.

Coronavirus impact: Govt restricts exports of 13 APIs, formulations

Coronavirus impact: Govt restricts exports of 13 APIs, formulations

Rediff.com4 Mar 2020

Exports of 13 APIs - including paracetamol, tinidazole, metronidazole, vitamin B1, vitamin B6, vitamin B12, acyclovir, progesterone - along with formulations made from these APIs, would be restricted.

E-com firms want govt to 'tweak' existing export policies

E-com firms want govt to 'tweak' existing export policies

Rediff.com9 Mar 2021

E-commerce firms and sellers including Amazon and eBay have made recommendations to the government for a differentiated policy framework for e-commerce in the revised Foreign Trade Policy (FTP) which is expected to come into effect from April 1, 2021. This is because the existing policies on exports have catered largely to traditional, offline and business-to-business exports. Suggestions have been made to the government that through the FTP, it is important to create a conducive policy framework for e-commerce exports that lowers the entry barrier for small businesses to start exporting, according to the industry sources.

A case for raising defence FDI to 100%

A case for raising defence FDI to 100%

Rediff.com14 Nov 2020

Access to India's defence market must be made conditional -- available only to those who are ready to make a long-term commitment in India, argues Ajai Shukla.

TMC or BJP, big-ticket projects still a pipedream for Bengal

TMC or BJP, big-ticket projects still a pipedream for Bengal

Rediff.com8 Feb 2021

In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.

FDI surges after 'Make in India' at $62 billion

FDI surges after 'Make in India' at $62 billion

Rediff.com20 Jul 2016

Sectors that attracted maximum FDI include services, trading, automobile and power.