Company says faults, which were noticed soon after system upgrade on March 27, have been rectified
In January 2014, the country had received $2.18 billion FDI.
I-T dept has asked for Rs 5,357 crore ($865 million) alleging the company had suppressed its revenue for FY09 to evade taxes
The government has decided to relax angel tax norms for startups, including increasing the investment limit to Rs 25 crore for availing income tax concessions.
The Centre and state governments bonded and then fell apart during the longest lockdown walk.
According to sources, the directorate has sent a letter to Flipkart on the basis of complaints received after the Big Billion Day sale on October 6.
Sellers, especially the smaller ones, are planning to go to court as well as move CCI as they fear that Walmart could bring multiple private labels in India and flood the e-commerce platform with its own products.
In his meeting with the secretaries of all government departments, Prime Minister Narendra Modi gave the top bureaucrats space and time to voice their expectations from the new administration besides listing areas needing urgent attention.
The government is believed to be working on a strategy to resolve the matter related to Wednesday's Supreme Court order asking Samsung Electronics Chairman Lee Kun-hee to appear within six weeks before the Ghaziabad trial court in a pending payment case.
Amongst the top 10 sectors, telecom received the maximum FDI of $2.47 billion
The move is expected to create space for more budding entrepreneurs in the country to be eligible for self-certification, relaxed public procurement norms, rebate in patent filing, start-up funding, investment and easier closure compliance.
The idea is to create a start-up-like activity with a small business unit.
At present, the NMP states a series of fiscal incentives, including tax sops, will be offered but only to small and medium enterprises.
Budget forces last minute change in finance minister's plans.
India on Monday said it could consider imposing "some kind of safeguard duties' on Chinese imports to bridge the huge trade gap as it cannot be sustained in the long run.
India will welcome two trade missions in 2015 focused on meeting its infrastructure needs with US technology and services.
'India will jump 30-40 places in the World Bank ranking of ease of doing business next year.'
Road ministry identified bike-sharing, carpooling and e-rickshaws as ways to deal with rising pollution in major cities.
The CAIT has complained to the Commerce Ministry to take action against these companies.
The government is considering to tweak FDI policy in retail sector so as to allow global chains like Walmart, Carrefour and Tesco to open multi-brand stores in non-hilly cities with population less than one million.
The highest FDI came in services ($2.18 billion), followed by automobiles ($1.28 billion), pharmaceuticals ($1.27 billion) and construction development ($1.05 billion) in the 11 months of 2013-14.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
India is one of the largest defence importers.
Incentives for industries have been rolled back and teachers have gone without salary for months as the state grapples with the after-effects of the ban
Three way split of AIADMK has slowed decision-making, prompting industry to look outside the state, says T E Narasimhan.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
'If the mandis were not working in Delhi, or the onion market in Nashik got affected, or there were disruptions because of unloading or loading in any sector in south India, we intervened.'
If the PM gives the historic opportunity of laying the foundation stone of the Ram temple to a Dalit girl, it will send a transformational message to the Dalits in India and will give them a sense of belongingness, says Dr Sudhir Bisht.
Indian cricket legend Kapil Dev was also honoured with a Lifetime Achievement award at the ceremony.
Did you know that the Government of India has granted certain tax exemptions to start-ups for a prescribed period?
The government is likely to exempt iPhone and iPad maker Apple from mandatory local sourcing rule, a move which would pave the way for tech giant opening single-brand retail stores in the country.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
India has been ranked as the most attractive investment destination in the world for the next three years.
India on Sunday signed three agreements with the US for developing smart cities in Ajmer, Allahabad and Visakhapatnam, with the government saying that the agreements would make significant contribution to building such cities in the country.
FII's too have invested in huge amount in the country
Columnist A K Bhattacharya wonders why is it that the value of investment proposals in 2015 declined by 23 per cent, but the number of jobs to be created through such investments actually went up by 12 per cent.
The Confederation of Indian Industry will organise a round table on investment.
The Department of Industrial Policy and Promotion in its draft Cabinet has proposed to further tighten the rules for foreign direct investment in brownfield pharmaceutical sector.
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.
Several CII defence committee members confirm this is now the official CII position, which conforms to that of industry bodies, Ficci and Assocham.
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