News for 'Department for Promotion of Industry'

WB, Maha R-Day tableau rejected; Oppn targets Centre

WB, Maha R-Day tableau rejected; Oppn targets Centre

Rediff.com2 Jan 2020

Twenty-two proposals comprising 16 states and Union Territories and six ministries and departments have been shortlisted for participation in the parade after a series of five meetings.

Why e-commerce policy may not take shape this year

Why e-commerce policy may not take shape this year

Rediff.com26 Sep 2018

The final policy may be out only after formation of the new government, according to sources

The case that led to Chidambaram's downfall

The case that led to Chidambaram's downfall

Rediff.com22 Aug 2019

Chidambaram has not been named as an accused in the FIR and the CBI is yet to file a chargesheet in the matter.

Budget: Government must explain the numbers

Budget: Government must explain the numbers

Rediff.com26 Feb 2020

'Nirmalaji's Budget announcements have long-term implications and are not backed by enough money when the short-term outlook looks bleak,' notes T N C Rajagopalan.

Startups get tax breather upto Rs 10 cr investment

Startups get tax breather upto Rs 10 cr investment

Rediff.com12 Apr 2018

Giving major relief to budding entrepreneurs, the government on Thursday allowed startups to avail tax concession only if total investment including funding from angel investors does not exceed Rs 10 crore.

Mauritius co eyes stake in Amar Chitra Katha

Mauritius co eyes stake in Amar Chitra Katha

Rediff.com10 May 2010

Tusk Investment, Mauritius, a wholly owned subsidiary of private equity firm Elephant Capital, has sought approval from the Foreign Investment Promotion Board (FIPB) to acquire a 30 per cent stake in Amar Chitra Katha Pvt Ltd (ACK).

US imposes sweeping new sanctions on Iran

US imposes sweeping new sanctions on Iran

Rediff.com22 Sep 2020

'Today, I am taking new actions to restrict Iran's nuclear, ballistic missile, and conventional weapons pursuits. My Administration will never allow Iran to have a nuclear weapon, nor will we allow Iran to endanger the rest of the world with a fresh supply of ballistic missiles and conventional arms,' Trump said in a statement.

Not just China, Hong Kong too may come under new FDI rules

Not just China, Hong Kong too may come under new FDI rules

Rediff.com29 Apr 2020

FinMin had, recently, notified changes in FDI rules that made prior approval of the government mandatory for foreign investments from countries that share a land border with India. Hong Kong was ranked 14th on the list of countries with FDI flows to India, contributing $4.2 billion between April 2000 and December 2019, the data from DPIIT shows. India received FDI worth $2.34 billion from China in the same period.

FM's power to clear FDI proposals may increase

FM's power to clear FDI proposals may increase

Rediff.com9 Nov 2009

At present, a project with investment of more than Rs 600 crore in sectors routed through the Foreign Investment Promotion Board has to be referred to the Cabinet Committee on Economic Affairs.

Govt to ease FDI norms in defence, to permit up to 74% investment

Govt to ease FDI norms in defence, to permit up to 74% investment

Rediff.com16 May 2020

To boost Make in India in defence production, Finance Minister Nirmala Sitharaman on Saturday said foreign direct investment limit in defence manufacturing will be hiked to 74 per cent from 49 per cent while some weapons and platforms will be banned for imports.

Did Aamir Khan damage India's brand identity?

Did Aamir Khan damage India's brand identity?

Rediff.com20 Jan 2016

'Actor Aamir Khan damaged the "brand India" while being the brand ambassador of the celebrated 'Incredible India' campaign.'

PepsiCo seeks FIPB nod to invest USD 200 mn more

PepsiCo seeks FIPB nod to invest USD 200 mn more

Rediff.com31 Oct 2009

Soft drinks and foods major Pepsico India Holdings Pvt Ltd has applied to the Foreign Investment Promotion Board to invest an additional $200 million (around Rs 950 crore) as equity in its Indian operations.

Why the neglect of exports must end soon

Why the neglect of exports must end soon

Rediff.com31 Aug 2017

It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.

How govt plans to cut down food wastage

How govt plans to cut down food wastage

Rediff.com16 Jan 2019

Centre has already started work on developing a mechanism to ensure states producing any item in excess is able to transport it to other states where there is demand

Outward investments: Monthly data soon

Outward investments: Monthly data soon

Rediff.com12 Feb 2010

The Department of Industrial Policy and Promotion is closely working with the Reserve Bank of India, DIPP's joint secretary Gopal Krishna told reporters in New Delhi at a Confederation of Indian Industry function.

What US companies want from India: Stable policy

What US companies want from India: Stable policy

Rediff.com27 Jun 2020

Embargo on imports from a neighbouring country would send a chilling signal to foreign investors who look for transparency and companies with manufacturing units in India had requested the government to publish any change in port policy "to provide the business community with the visibility they need to function", says United States-India Strategic Partnership Forum.

FDI in retail? After Tesco, India awaits more proposals

FDI in retail? After Tesco, India awaits more proposals

Rediff.com8 Aug 2014

Tesco was the first global retailer to apply for multi- brand retailing in India.

Plot thickens: Maha minister, BJP spar on Metro car shed land

Plot thickens: Maha minister, BJP spar on Metro car shed land

Rediff.com3 Nov 2020

State minister Nawab Malik said the Centre has written to the Maharashtra chief secretary, saying the proposed Metro-3 car shed land in suburban Kanjurmarg belongs to it, as he accused the opposition BJP of conspiring to stall the project through the Union government.

Govt mulls 100 per cent FDI in defence

Govt mulls 100 per cent FDI in defence

Rediff.com29 Apr 2010

The government is considering a proposal to allow 100 per cent foreign direct investment into the country's defence sector, despite stiff opposition from the defence ministry that has raised security concerns.

Govt to release 6 discussion papers on FDI in May

Govt to release 6 discussion papers on FDI in May

Rediff.com26 Apr 2010

One of the papers could be on liberalising the foreign direct investment regime in the retail sector.

DIPP clears Bharti, Tata Tele proposals

DIPP clears Bharti, Tata Tele proposals

Rediff.com24 Jun 2009

The clearances are for three proposals submitted to the Foreign Investment Promotion Board by Bharti Telemedia, which offers direct-to-home television services, Tata Teleservices, in which Japan's DoCoMo has picked up 27.3 per cent equity, and SKR BPO Services, which has made downstream investments in Sparsh BPO. Press notes 2 and 4, issued in February this year, changed the way indirect foreign equity is treated while computing the total foreign investment.

FDI dips 19% to $1.79 bn in Feb

FDI dips 19% to $1.79 bn in Feb

Rediff.com22 Apr 2013

India received foreign direct investment (FDI) worth $1.79 billion in February, 2013 -- a decline of about 19 per cent due to global economic slowdown.

IKEA needs to reapply for opening stores in India

IKEA needs to reapply for opening stores in India

Rediff.com18 Sep 2012

Govt recently relaxed sourcing norms for FDI in single brand retail.

FAQs: How to combat sexual harassment at workplace

FAQs: How to combat sexual harassment at workplace

Rediff.com22 Oct 2018

Trial by the media can be avoided if the industry itself devises effective mechanisms to bring this to an end

Govt plans to put FDI on fast track

Govt plans to put FDI on fast track

Rediff.com15 Apr 2003

FDI in telecom sector plunges to $43 mn

FDI in telecom sector plunges to $43 mn

Rediff.com9 Dec 2012

Foreign Direct Investment (FDI) as a source of funding has shrunk to a trickle for the once lucrative telecom sector with foreign investment inflows plunging to $43 million in the April-September period of the current fiscal.

Was this why Murmu was moved out of J&K?

Was this why Murmu was moved out of J&K?

Rediff.com10 Aug 2020

G C Murmu rarely speaks in public and when he does, his statements are always in lockstep with the thinking within this government.

How Jamsetji Tata created the Indian Institute of Science

How Jamsetji Tata created the Indian Institute of Science

Rediff.com19 Nov 2018

The Indian Institute of Science topped the HRD ministry's 2017 national rankings. In 2016, the IISc was ranked among the world's top 15 universities in the Times Higher Education University Rankings. In his book The Creation of Wealth: The Tatas from the 19th to the 21st Century, R M Lala recounted how Jamsetji Tata's grand vision and immense personal contribution laid the edifice of arguably India's finest educational institution.

FDI policy set for revamp

FDI policy set for revamp

Rediff.com14 Mar 2013

Govt moves to bring in more clarity on definition of 'control'.

I also know English: Ajit Singh

I also know English: Ajit Singh

Rediff.com8 Mar 2013

This was in response to the assertion of some officials of the finance ministry and the Department of Industrial Policy & Promotion that a strategically placed comma in DIPP's press note on FDI in civil aviation meant foreign airlines were allowed to hold up to 49 per cent stake in existing Indian carriers, as well as new airline companies being set up.

Govt promises easy starts, exits for startups

Govt promises easy starts, exits for startups

Rediff.com16 Jan 2016

She said Finance Minister Arun Jaitley is working "hard" on the Bankruptcy Code

E-cigarettes: The damage is worse than you think!

E-cigarettes: The damage is worse than you think!

Rediff.com13 Nov 2019

E-cigarettes pose a huge health risk to users, who more often than not are adolescents and young adults

Modi has ambitious plans to put India in the $5-trillion club

Modi has ambitious plans to put India in the $5-trillion club

Rediff.com19 Nov 2018

Modi said it is an outcome of India's consistent reforms trajectory that the country's position is getting credence globally and is being recognised by international bodies like the IMF, World Economic Forum and UNCTAD.

Maharashtra govt unhappy over ease of doing business ranking

Maharashtra govt unhappy over ease of doing business ranking

Rediff.com16 Sep 2015

The govt plans to seek Centre's help for a re-assessment by the World Bank.

New education policy aimed at making 'job creators': PM Modi

New education policy aimed at making 'job creators': PM Modi

Rediff.com1 Aug 2020

The role of the youth is very important in achieving the goal of 'ease of living' to give a better life to the poor, he told students.

Meet Asha, the robotic nurse

Meet Asha, the robotic nurse

Rediff.com17 Dec 2020

'Imagine taking care of a patient who is infected with Covid. A human nurse is unable to do that due to fear of infection. The robot can do that task, while it is controlled or supervised by the human nurse. So the robot becomes an extension of the nurse.'

Patent office to hire 500 this year

Patent office to hire 500 this year

Rediff.com26 Apr 2010

Sources said the people would be hired at different levels, including application examiners.

FDI from Pak: RBI to issue notification by month-end

FDI from Pak: RBI to issue notification by month-end

Rediff.com18 Jun 2012

The Department of Industrial Policy and Promotion (DIPP) has finally sanctioned the proposal of allowing foreign direct investment (FDI) from Pakistan. But the final notification will be issued by the Reserve Bank of India (RBI) within the next couple of weeks. The move will be unprecedented in the bilateral trading relations between both the nuclear-armed neighbours.

To unlock FDI, govt to ease lock-in period for realty

To unlock FDI, govt to ease lock-in period for realty

Rediff.com15 Oct 2013

But completion occupancy certificates to be mandatory.

Angel tax goes for start-ups registered with DPIIT

Angel tax goes for start-ups registered with DPIIT

Rediff.com23 Aug 2019

Also, a dedicated cell, headed by a member of the Central Board for Direct Taxes (CBDT), will be set up to address concerns faced by start-ups.