News for 'Department for Promotion of Industry'

Essar pulls out of race to buy Nokia's Chennai mobile plant

Essar pulls out of race to buy Nokia's Chennai mobile plant

Rediff.com21 May 2015

Nokia's Chennai plant is under freeze over tax dispute.

Govt should stick to retail FDI norms: CAIT

Govt should stick to retail FDI norms: CAIT

Rediff.com18 Jun 2013

The government should stick to the recent clarifications released on FDI in multi-brand retail trading and not ease the conditions for foreign retailers.

Marriott's mega India dream: 50 hotels in 5 years

Marriott's mega India dream: 50 hotels in 5 years

Rediff.com27 Nov 2019

The hotels in the pipeline will include a range of Marriott brand portfolios such as JW Marriott, Tribute Portfolio and Sheraton.

FII formula for banks soon

FII formula for banks soon

Rediff.com28 Nov 2003

Companies bag Rs 5000 crore 'Make in India' contracts

Companies bag Rs 5000 crore 'Make in India' contracts

Rediff.com4 Apr 2018

One of the beneficiaries is Jindal Steel and Power, which had earlier been kept out of procurement for rails

Have minimised COVID-19 spread, cut transmission: Govt

Have minimised COVID-19 spread, cut transmission: Govt

Rediff.com23 Apr 2020

While asserting that the growth of coronavirus cases in the country has been more or less linear and not exponential, it also said testing has been ramped up consistently.

FDI in pharma doubled during April-August

FDI in pharma doubled during April-August

Rediff.com18 Nov 2013

FDI in drugs and pharmaceuticals was $487 million during April-August 2012, according to the latest data of the Department of Industrial Policy and Promotion.

Foreign firms to be invited to StartUp India anniversary

Foreign firms to be invited to StartUp India anniversary

Rediff.com14 Jun 2016

The event will aim at drawing foreign investment in startups and push local partnerships.

Hennes & Mauritz's FDI proposal gets DIPP green signal

Hennes & Mauritz's FDI proposal gets DIPP green signal

Rediff.com8 Oct 2013

Approval comes 6 months after Swedish clothing giant applied for India entry; FIPB now to consider on Oct 18.

Tamil Nadu all set to build India's first defence corridor

Tamil Nadu all set to build India's first defence corridor

Rediff.com5 Jun 2018

In less than two months since the announcement in March, the state has mobilised an armada of small and medium enterprises keen on making components for large equipment manufacturers.

Govt mulls relaxation in indirect FDI norms

Govt mulls relaxation in indirect FDI norms

Rediff.com5 Sep 2007

Move to impact joint ventures in telecom, insurance, broadcasting.

India beats recession blues, back on FDI radar

India beats recession blues, back on FDI radar

Rediff.com16 Mar 2009

At a time when the world economy is facing the worst credit freeze in several decades, India attracted $2.7-billion FDI in January, up 58.8 per cent from a year ago, and remained a favourite destination for cross-border investments.

Election Commission questions railway FDI proposal

Election Commission questions railway FDI proposal

Rediff.com12 Mar 2014

The Election Commission (EC) has raised certain questions on the government's proposal to allow foreign direct investment (FDI) in the construction and maintenance segments of the railways.

India set to get $40 bn FDI this fiscal

India set to get $40 bn FDI this fiscal

Rediff.com25 Aug 2008

India is set to attract foreign direct investment of $40 billion in fiscal 2008-09 with overseas investors betting big on the manufacturing sector in the world's second fastest growing economy.

Nokia may be allowed to sell Chennai mobile plant

Nokia may be allowed to sell Chennai mobile plant

Rediff.com24 Mar 2015

Nokia may be allowed to sell Chennai mobile plant.

Govt okays major easing of FDI norms

Govt okays major easing of FDI norms

Rediff.com12 Feb 2009

Retail, telecom, media and a host of sectors in which foreign direct investment is restricted stand to gain from changes in FDI policy that the Cabinet Committee on Economic Affairs cleared on Wednesday linking approvals to the concept of control for the first time.

India's FDI during Apr-Feb jumps to $37.53 billion

India's FDI during Apr-Feb jumps to $37.53 billion

Rediff.com2 May 2016

Services attracted the most FDI during the first eleven months period of 2015-16.

'Make in India' Facebook page adds 1 member every 3 seconds

'Make in India' Facebook page adds 1 member every 3 seconds

Rediff.com4 Jan 2015

Make in India has seen an overwhelming response on its digital platforms like Facebook and Twitter since its launch just 3 months ago.

CCEA to decide 3G spectrum pricing

CCEA to decide 3G spectrum pricing

Rediff.com8 Jan 2009

According to sources, the Department of Industrial Policy and Promotion and Ministry of IT have supported the reserve price of Rs 2,020 crore (Rs 20.2 billion) as was originally recommended by DoT. Last week, the finance ministry had asked the DoT to double the reserve price for pan-India 3G spectrum.

Flipkart 'beaten' by govt e-commerce platform

Flipkart 'beaten' by govt e-commerce platform

Rediff.com5 Aug 2019

Three years and Rs 28,710 crore worth of transactions later, it has more than double the number of sellers than Flipkart.

Investors Summit: Yogi govt spent Rs 65cr in 'make up' of Lucknow

Investors Summit: Yogi govt spent Rs 65cr in 'make up' of Lucknow

Rediff.com24 Feb 2018

Mukesh Ambani said he had never seen any city decked up so strikingly as Lucknow

Why exports keep missing ministry target

Why exports keep missing ministry target

Rediff.com24 Apr 2019

A combination of externalities such as global trade wars and slowing growth, continuing glitches in accessing offsets under the GST regime, which has created a liquidity crunch for smaller exporters, and the growing competitiveness of smaller countries are causing the slowdown.

Bihar tops DIPP's real-time ease of doing biz ranking

Bihar tops DIPP's real-time ease of doing biz ranking

Rediff.com10 Jun 2016

Nitish Kumar-led Bihar is followed by Telangana and Jharkhand.

After shutdown, TN govt cancels land allotted to Sterlite in Tuticorin

After shutdown, TN govt cancels land allotted to Sterlite in Tuticorin

Rediff.com30 May 2018

The land price collected for the said land allotment will be refunded.

How Jio has made life complicated for telecom investors

How Jio has made life complicated for telecom investors

Rediff.com23 Nov 2017

The DoT estimates that it will receive Rs 29,524 cr in revenue from the telecom industry in FY18, which is 38% less than the Budget revenue target of Rs 47,300 cr for FY18

Apples, almonds, walnuts from US to attract 50% higher tax

Apples, almonds, walnuts from US to attract 50% higher tax

Rediff.com17 Sep 2018

The US side had pushed for removal of price caps on medical equipment such as coronary stents and a commitment by India to reduce trade imbalance

Foreign cement cos to get fast entry

Foreign cement cos to get fast entry

Rediff.com26 Jul 2007

The government has put the process of certification of foreign cement manufacturers on a fast track to facilitate import of the building material in the country to meet the growing demand and tame prices.

How 1996 World Cup is back to haunt FPIs

How 1996 World Cup is back to haunt FPIs

Rediff.com10 Jun 2020

The ruling mean FPIs cannot seek treaty protection against the new withholding tax that companies are required to deduct at source. The apex court order pertains to when the cricketing bodies of Pakistan, India, and Sri Lanka formed a joint committee to conduct the 1996 Cricket World Cup.

FDI inflow declines 38% to $2.91 bn in September

FDI inflow declines 38% to $2.91 bn in September

Rediff.com3 Dec 2013

Foreign Direct Investment into the country declined by about 38 per cent, year-on-year, to $2.91 billion in September, according to the Department of Industrial Policy and Promotion.

Stakeholders say no to Tourism Board

Stakeholders say no to Tourism Board

Rediff.com30 May 2007

The proposal for setting up a National Tourism Promotion Board seems to have become unviable with stakeholders showing reluctance in accepting a parallel authority when Department of Tourism was doing the same task.

Experienced hands Bhujbal, Thorat make it to cabinet

Experienced hands Bhujbal, Thorat make it to cabinet

Rediff.com28 Nov 2019

Chhagan Bhujbal, Jayant Patil (both from the NCP), Balasaheb Thorat and Nitin Raut (both from the Congress), Eknath Shinde and Subhash Desai (both from the Sena) took oath as ministers along with Thackeray.

All you want to know about Angel tax

All you want to know about Angel tax

Rediff.com15 Jan 2019

What is worrying is that this year, angel investments and seed funding deals have fallen by 40 per cent, ringing alarm bells in the start-up community in India.

Ad agencies jump onto the Make In India bandwagon

Ad agencies jump onto the Make In India bandwagon

Rediff.com16 Feb 2016

Rediffusion took the industrial elements of the lion mascot to create a laman diya or lamp.

Defence: Modi Sarkar's Hits and Misses

Defence: Modi Sarkar's Hits and Misses

Rediff.com7 Feb 2019

'The procurement cycle still consumes too much time; little has changed.'

From North Block to Mint Street, Shaktikanta Das has traversed a long way

From North Block to Mint Street, Shaktikanta Das has traversed a long way

Rediff.com11 Dec 2018

From defending the shock announcement of demonetisation to spearheading the remonetisation drive that included the cumbersome process of printing and supplying new Rs 500 and Rs 2,000 notes, his calm composure brought a sense of serenity to an otherwise chaotic situation.

Etihad agrees to cut number of directors on Jet board

Etihad agrees to cut number of directors on Jet board

Rediff.com26 Jul 2013

Abu Dhabi-based Etihad Airlines has agreed to halve the number of directors on the Jet Airways Board to two posts under the Rs 2,058 crore deal, giving the Indian promoters 'effective control' of the carrier.

How water-efficient are your home appliances?

How water-efficient are your home appliances?

Rediff.com3 Sep 2019

The highest water-use efficiency of more than $ 50 per cubic metre is in Oceania, Australia, New Zealand, Singapore, Israel, Denmark, Finland, and Great Britain while the lowest is in Central and South Asia, including India, at less than $ 10 per cubic metre.

Raj De US Homeland Security advisor

Raj De US Homeland Security advisor

Rediff.com21 Jun 2007

De is an attorney at the Washington, DC, office of the international law firm Mayer, Brown, Rowe and Maw.

3 RIL SEZs up for approval on Friday

3 RIL SEZs up for approval on Friday

Rediff.com20 Jun 2007

Three special economic zones promoted by Reliance Industries chairman Mukesh Ambani and his close aide Anand Jain in the same area have been listed for clearance on Friday.

FDI: IT pips leather, textiles

FDI: IT pips leather, textiles

Rediff.com20 Jun 2007

Data show leather got just 0.12% of the total FDI inflows during August 1991-March 2007.