News for 'Department for Promotion of Industry'

'Taj is the magnet that draws tourists to India'

'Taj is the magnet that draws tourists to India'

Rediff.com5 Nov 2017

'Although India has a lot more to offer in terms of tourism other than the Taj, yet there is nothing compared to the Taj Mahal.'

From March, you can start a business in Mumbai and Delhi in just 4 days

From March, you can start a business in Mumbai and Delhi in just 4 days

Rediff.com17 Jan 2017

Government planning to slash the number of days required to start a business in Mumbai, Delhi from the current 26.

IBM to move court against India's tax demand

IBM to move court against India's tax demand

Rediff.com2 Nov 2013

I-T dept has asked for Rs 5,357 crore ($865 million) alleging the company had suppressed its revenue for FY09 to evade taxes

What can we next expect from Xi?

What can we next expect from Xi?

Rediff.com1 Mar 2021

It will be interesting to see whether India-China border tensions figure during the deliberations of PLA deputies to the NPC and CPPCC, notes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.

India's FDI doubles to $4.48 bn in Jan, highest in 29 months

India's FDI doubles to $4.48 bn in Jan, highest in 29 months

Rediff.com17 Mar 2015

In January 2014, the country had received $2.18 billion FDI.

Infosys faces NITI Aayog CEO's ire for MCA portal glitches

Infosys faces NITI Aayog CEO's ire for MCA portal glitches

Rediff.com24 Apr 2016

Company says faults, which were noticed soon after system upgrade on March 27, have been rectified

'What honesty can you talk about when you openly buy MLAs?'

'What honesty can you talk about when you openly buy MLAs?'

Rediff.com14 Dec 2020

'What steps have the higher level of political leadership taken to remove corruption from the system and bring in honest governance?'

Flipkart sale under ED lens

Flipkart sale under ED lens

Rediff.com15 Oct 2014

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.

Why scorching summer is good news for some

Why scorching summer is good news for some

Rediff.com21 Mar 2017

Makers of air conditioners, beverage and ice-cream are hopeful of a boost in sales

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.

Secretaries list expectations, highlight urgent issues to Modi

Secretaries list expectations, highlight urgent issues to Modi

Rediff.com5 Jun 2014

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.

Starting a new job? 10 things you must know

Starting a new job? 10 things you must know

Rediff.com21 Oct 2019

Present a positive image by exuding enthusiasm and energy for work, says Surya Mahadevan.

ED questions Raj Kundra for over 9 hours as witness in bitcoin case

ED questions Raj Kundra for over 9 hours as witness in bitcoin case

Rediff.com5 Jun 2018

The businessman was summoned at the ED's office and was asked questions about the purported links of the alleged main accused of the case Amit Bhardwaj with his businesses.

India's tweaking of FDI norms aimed at only China

India's tweaking of FDI norms aimed at only China

Rediff.com28 Apr 2020

'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.

Vodafone Idea to raise mobile services rates from Dec 1

Vodafone Idea to raise mobile services rates from Dec 1

Rediff.com18 Nov 2019

The company at present provides monthly mobile services at starting price of Rs 24 without data, and plans with data service starts from Rs 33 onward. It did not disclose the quantum of hike.

COAI defends Huawei, says it is no threat to national security

COAI defends Huawei, says it is no threat to national security

Rediff.com18 Dec 2018

COAI has argued that in India the government has been working to keep telecom networks secure, with reviews of the security policy and the insertion of specific clauses into the licences to prevent any risk to network security.

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.

Mehul Choksi, Vijay Mallya in Rs 68,607 cr loan writeoff list: RBI

Mehul Choksi, Vijay Mallya in Rs 68,607 cr loan writeoff list: RBI

Rediff.com29 Apr 2020

According to the RTI reply, absconding diamantaire Choksi's company Gitanjali Gems tops the list of the defaulters with a whopping amount of Rs 5,492 crore. This is followed by REI Agro with Rs 4,314 crore and Winsome Diamonds with Rs 4,076 crore. Rotomac Global Private Limited has funded advances of Rs 2,850 crore which have been technically written off and Kudos Chemie Ltd with Rs 2,326 crore, Ruchi Soya Industries Limited, now owned by Ramdev's Patanjali, with Rs 2,212 crore and Zoom Developers Pvt Ltd with Rs 2,012 crore being the other companies to default on the payment. Mallya's Kingfisher Airlines figures in the list at number 9, with outstanding of Rs 1943 crore which have been technically written off by the banks.

'Talent is everywhere and relevant to a nation's success'

'Talent is everywhere and relevant to a nation's success'

Rediff.com9 Jul 2020

'Everybody says 5G and communication is important.' 'Everybody says automation, robotics, human computing interfaces -- people and machines working together -- is the future.' 'Everybody agrees that cybersecurity is something that is here to stay.' 'Everybody agrees that synthetic biology is important.' 'Instead of outlining thinking about industries for tomorrow and the future, let the evolutionary pathway be built in a way that it promotes robust, creative, thinking.'

Why retailers are rattled by Walmart-Flipkart deal

Why retailers are rattled by Walmart-Flipkart deal

Rediff.com6 May 2018

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.

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.

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.

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.

Govt relaxes angel tax norms for startups

Govt relaxes angel tax norms for startups

Rediff.com19 Feb 2019

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.

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.

'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.'

Are Modi's speech-writers getting Tamil Nadu wrong?

Are Modi's speech-writers getting Tamil Nadu wrong?

Rediff.com2 Mar 2021

For Prime Minister Narendra Modi to dig up the perceived past of the DMK rival, now under a new leader in M K Stalin, may not gel with the voters, both old and new. If they are still going to vote for the AIADMK-BJP combine, it will be for entirely different reasons, and despite Modi's poll speeches, says N Sathiya Moorthy.

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.

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.

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.

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.

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.

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.

Revealed: Politics behind the long walk home

Revealed: Politics behind the long walk home

Rediff.com31 Mar 2020

The Centre and state governments bonded and then fell apart during the longest lockdown walk.

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

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.

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.

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

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.