News for 'Department for Promotion of Industry'

Why Kerala's start-up ecosystem is unique!

Why Kerala's start-up ecosystem is unique!

Rediff.com1 Nov 2019

'We have integrated start-up space created in almost all the 14 district headquarters of the state.'
'They have incubation facilities providing entrepreneurs common facilities like shared software, legal support, fab labs, hardware, manufacturing facilities and services like chartered accounting facilities, etc, enabling the start-ups to concentrate on technology R&D and product development.'

PMO steps into NuPower-Videocon-ICICI Bank controversy

PMO steps into NuPower-Videocon-ICICI Bank controversy

Rediff.com6 May 2018

Prime Minister's Office wants CBI and tax dept to identify the actual beneficiaries of the transactions made in India and abroad.

Raids in ministries exposes racket of selling documents to corporates

Raids in ministries exposes racket of selling documents to corporates

Rediff.com12 Mar 2015

6 locations in New Delhi and 2 in Mumbai were raided.

PE funding likely to shrink if founders have the last word

PE funding likely to shrink if founders have the last word

Rediff.com1 Aug 2018

Most of the unicorns or billion-dollar valuation firms including Flipkart, Paytm and Ola have had the maximum stakes owned by foreign funds. The founders of all these firms have either single digit stakes in their companies or in low double digits.

Govt tightens noose around e-tailers, 9 depts to monitor biz

Govt tightens noose around e-tailers, 9 depts to monitor biz

Rediff.com30 Jan 2015

Each dept could handle a designated area.

Textiles sector gets a Rs 6,000 cr package

Textiles sector gets a Rs 6,000 cr package

Rediff.com22 Jun 2016

'The package will help in realising the true potential of employment generation in the textile and apparel sector.'

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

Indian troops standing firm; talks with China to continue: Rajnath

Indian troops standing firm; talks with China to continue: Rajnath

Rediff.com28 Oct 2020

The defence minister clearly asserted that there will be no budgetary constraints to enhance the capability of the Army and meeting its other requirements.

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.

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.

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.

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.

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.

'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.'

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

How the Nirav Modi show manages to go on

How the Nirav Modi show manages to go on

Rediff.com15 Feb 2018

Modi has been relentless in building his brand regardless of banks having a problem of fraudulent and unauthorised transactions with his companies.

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 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.

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

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.

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.

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.

'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.'

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.

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.

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'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.

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.

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.

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.

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.

'Mucor is very scary'

'Mucor is very scary'

Rediff.com2 Jun 2021

'Mucor is an environmental fungus, and it's much more prevalent in hot and humid areas.' 'The amount of fungus in the air is much higher in India than some other parts of the world.'

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.

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.

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 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.

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.

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.

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