News for 'Department for Promotion of Industry'

Govt gets its act together as Korean investments threatened

Govt gets its act together as Korean investments threatened

Rediff.com4 Apr 2014

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.

Start-up policy to get makeover

Start-up policy to get makeover

Rediff.com15 May 2017

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.

Davos: PM to meet 100 CEOs; FM to skip WEF

Davos: PM to meet 100 CEOs; FM to skip WEF

Rediff.com21 Jan 2018

Budget forces last minute change in finance minister's plans.

To scale up, Tata Steel goes the start-up route

To scale up, Tata Steel goes the start-up route

Rediff.com10 Jan 2017

The idea is to create a start-up-like activity with a small business unit.

FDI dips 6% annually to $1.53 bn

FDI dips 6% annually to $1.53 bn

Rediff.com18 Jan 2015

Amongst the top 10 sectors, telecom received the maximum FDI of $2.47 billion

Govt may tweak manufacturing policy to make it investor friendly

Govt may tweak manufacturing policy to make it investor friendly

Rediff.com27 May 2014

At present, the NMP states a series of fiscal incentives, including tax sops, will be offered but only to small and medium enterprises.

India may impose safeguard tax to check Chinese imports: DIPP

India may impose safeguard tax to check Chinese imports: DIPP

Rediff.com13 Oct 2014

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.

Mr Modi, let a Dalit girl break the coconut at Ram temple

Mr Modi, let a Dalit girl break the coconut at Ram temple

Rediff.com3 Aug 2020

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.

Meet the man who ensured food supply during lockdown

Meet the man who ensured food supply during lockdown

Rediff.com26 May 2020

'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.'

'India will be among top 50 in World Bank rankings in 3 years'

'India will be among top 50 in World Bank rankings in 3 years'

Rediff.com28 Oct 2015

'India will jump 30-40 places in the World Bank ranking of ease of doing business next year.'

Policy to ease traffic has gone nowhere

Policy to ease traffic has gone nowhere

Rediff.com16 Jan 2017

Road ministry identified bike-sharing, carpooling and e-rickshaws as ways to deal with rising pollution in major cities.

Modi, Obama target $500 billion Indo-US trade

Modi, Obama target $500 billion Indo-US trade

Rediff.com1 Oct 2014

India will welcome two trade missions in 2015 focused on meeting its infrastructure needs with US technology and services.

Walmart's $16 bn Flipkart buy is the biggest deal this year

Walmart's $16 bn Flipkart buy is the biggest deal this year

Rediff.com9 May 2018

Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company

E-retailers festive season sales flouting FDI norms

E-retailers festive season sales flouting FDI norms

Rediff.com12 Oct 2015

The CAIT has complained to the Commerce Ministry to take action against these companies.

10 things to keep in mind before starting a company

10 things to keep in mind before starting a company

Rediff.com19 Nov 2019

Did you know that the Government of India has granted certain tax exemptions to start-ups for a prescribed period?

India's FDI inflows up 12% at $2 bn in Feb

India's FDI inflows up 12% at $2 bn in Feb

Rediff.com27 Apr 2014

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.

Political drama in Tamil Nadu rattles investors

Political drama in Tamil Nadu rattles investors

Rediff.com16 Jun 2017

Three way split of AIADMK has slowed decision-making, prompting industry to look outside the state, says T E Narasimhan.

Bihar struggles to pay the price of liquor ban

Bihar struggles to pay the price of liquor ban

Rediff.com16 Aug 2016

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

The 5 men who will decide how funds get shared by Centre and states

The 5 men who will decide how funds get shared by Centre and states

Rediff.com28 Nov 2017

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.

Govt may tweak retail FDI norms to help foreign chains

Govt may tweak retail FDI norms to help foreign chains

Rediff.com2 Jul 2013

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.

Govt initiates exercise to raise FDI in defence sector to 100%

Govt initiates exercise to raise FDI in defence sector to 100%

Rediff.com30 May 2014

India is one of the largest defence importers.

Should India charge Internet cos for market access?

Should India charge Internet cos for market access?

Rediff.com24 Sep 2018

'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.

Hinduja brothers presented lifetime achievement award in UK

Hinduja brothers presented lifetime achievement award in UK

Rediff.com25 Sep 2014

Indian cricket legend Kapil Dev was also honoured with a Lifetime Achievement award at the ceremony.

Govt may exempt Apple from local sourcing norms

Govt may exempt Apple from local sourcing norms

Rediff.com22 Apr 2016

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.

India most attractive investment destination globally, says a survey

India most attractive investment destination globally, says a survey

Rediff.com14 Oct 2015

India has been ranked as the most attractive investment destination in the world for the next three years.

US, India sign pact for developing 3 smart cities

US, India sign pact for developing 3 smart cities

Rediff.com25 Jan 2015

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.

FDI soars 48% after 'Make in India' campaign

FDI soars 48% after 'Make in India' campaign

Rediff.com10 Jul 2015

FII's too have invested in huge amount in the country

Why you need to take a closer look at the real state of jobs creation in India

Why you need to take a closer look at the real state of jobs creation in India

Rediff.com16 May 2016

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.

Jaitley to sell 'Make in India' at Davos summit

Jaitley to sell 'Make in India' at Davos summit

Rediff.com21 Jan 2015

The Confederation of Indian Industry will organise a round table on investment.

100 days no development, Congrats: Rahul jabs PM

100 days no development, Congrats: Rahul jabs PM

Rediff.com8 Sep 2019

He attacked the dispensation over issues such as the state of the economy, the situation in Kashmir, the National Register of Citizens in Assam and action by probe agencies against opposition leaders.

India's airlines face severe talent crunch

India's airlines face severe talent crunch

Rediff.com21 Oct 2014

Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.

Divided CII opts for 49% defence FDI limit

Divided CII opts for 49% defence FDI limit

Rediff.com25 Jun 2014

Several CII defence committee members confirm this is now the official CII position, which conforms to that of industry bodies, Ficci and Assocham.

Modi meets 42 global CEOs, pushes Startup India

Modi meets 42 global CEOs, pushes Startup India

Rediff.com26 Sep 2019

Chairing an exclusive roundtable with 42 global CEOs and top executives from across 20 sectors, Modi stressed on continued political stability in India, predictability of policy, and pro-development and pro-growth policies.

FinMin not in favour of tightening FDI norms in pharma

FinMin not in favour of tightening FDI norms in pharma

Rediff.com15 Oct 2013

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.

Ringing Bells refunds money to customers, to take cash on delivery

Ringing Bells refunds money to customers, to take cash on delivery

Rediff.com29 Feb 2016

The delivery of Freedom251 smartphones is expected to start in April after which the company will start the second round of bookings.

Business friendly state: Gujarat, Maharashtra fight for No.1 position

Business friendly state: Gujarat, Maharashtra fight for No.1 position

Rediff.com17 Feb 2016

The Make in India Week has become a platform for two Bharatiya Janata Party (BJP)-ruled states to jostle for the number one destination in India for investor funds.

1st set of differential bank licences by month-end: Rajan

1st set of differential bank licences by month-end: Rajan

Rediff.com4 Aug 2015

RBI had received 72 applications for small finance bank licences.

Allu Arjun to star alongside Varun Dhawan in ABCD 2

Allu Arjun to star alongside Varun Dhawan in ABCD 2

Rediff.com19 Mar 2015

Get your lowdown on what's happening in Telugu cinema right here!

India's bullet train to travel 21 km under sea

India's bullet train to travel 21 km under sea

Rediff.com20 Apr 2016

The bullet train is expected to cover 508 km between Mumbai and Ahmedabad in about two hours.

Transparent system for private investment in railways: Prabhu

Transparent system for private investment in railways: Prabhu

Rediff.com27 Mar 2015

Inviting private investment, Railways Minister Suresh Prabhu on Friday said a transparent system is being put in place to facilitate it and moves are afoot to revamp the ministry's public-private-partnership (PPP) cell.