News for 'Department for Promotion of Industry'

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.

'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?'

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.

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.

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.

'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.'

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.

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.

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

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

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.

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.

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.

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.

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.

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.

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.

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.

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!

FDI in 2013 dips 3% to $22 billion

FDI in 2013 dips 3% to $22 billion

Rediff.com30 Mar 2014

In 2012, India attracted $22.78 billion of FDI, according to the data by Department of Industrial Policy and Promotion.

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.

Odisha, Karnataka are top states with stalled projects

Odisha, Karnataka are top states with stalled projects

Rediff.com18 Aug 2014

Some 74 projects from Odisha and another 51 projects from Chhattisgarh have lined up before the Project Monitoring Group.

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.

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.

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.

India's FDI inflows up 1.5% to $2.18 billion in Jan

India's FDI inflows up 1.5% to $2.18 billion in Jan

Rediff.com20 Mar 2014

During the 10-months of this financial year, the highest FDI came in services ($1.80 billion), followed by pharmaceuticals ($1.26 billion), automobiles ($1 billion) and construction development ($966 million).

India asks Chinese cos to set up manufacturing units

India asks Chinese cos to set up manufacturing units

Rediff.com26 Nov 2014

The bilateral trade between India and China stood at $65.85 billion in 2013-14.

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.

How 23 new banks will make an impact in India

How 23 new banks will make an impact in India

Rediff.com18 Sep 2015

The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.

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.

Now, each state to have a score card on ease of doing business

Now, each state to have a score card on ease of doing business

Rediff.com19 May 2015

States to come under DIPP watch on ease of doing business.

Government plans to allow FDI in e-commerce before April

Government plans to allow FDI in e-commerce before April

Rediff.com31 Dec 2013

Floats discussion paper for stakeholders' feedback with a deadline of January 28.

House panel for 'blanket ban' on FDI in pharma

House panel for 'blanket ban' on FDI in pharma

Rediff.com14 Aug 2013

The report comes at a time when the government is trying to clear pending FDI proposals, which include various planned investments in this sector.

New techs to drive patent filings in India

New techs to drive patent filings in India

Rediff.com27 Jul 2013

Patent filings in India would be more and more driven by new technologies, which are either kept secret or patented.

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?

No plan to relax 30% local sourcing norm for retailers: Govt

No plan to relax 30% local sourcing norm for retailers: Govt

Rediff.com9 Oct 2013

Rejecting the demand of global retailers like Walmart, the government on Wednesday said there is no plan to relax the mandatory 30 per cent local sourcing norms for foreign players in the multi-brand retail sector.

Why are global retailers in wait-and-watch mode for India?

Why are global retailers in wait-and-watch mode for India?

Rediff.com24 Mar 2014

The Indian government has simplified FDI policy inorder to attract global retail chains.

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.'

Ease of doing biz: 'Eventually we will be among the top 50 countries'

Ease of doing biz: 'Eventually we will be among the top 50 countries'

Rediff.com1 Nov 2017

Ramesh Abhishek, secretary, Department of Industrial Policy and Promotion, talks to Subhayan Chakraborty about India's performance on the World Bank's ease of doing business ranking.

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.