News for 'Department of Industrial Policy and Promotion'

DIPP likely to expand definition of 'control'

DIPP likely to expand definition of 'control'

Rediff.com19 Jun 2013

May include 'influencing a company's major policy decisions' in the current meaning.

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.

The case that led to Chidambaram's downfall

The case that led to Chidambaram's downfall

Rediff.com22 Aug 2019

Chidambaram has not been named as an accused in the FIR and the CBI is yet to file a chargesheet in the matter.

Walmart asks for one year to convert $100 million into equity

Walmart asks for one year to convert $100 million into equity

Rediff.com2 Oct 2013

The one-year extension would give Walmart and its Indian joint venture partner in the cash and carry business, Bharti Group, more time to sort things out and decide on a retail foray together, people in the know said.

How govt plans to cut down food wastage

How govt plans to cut down food wastage

Rediff.com16 Jan 2019

Centre has already started work on developing a mechanism to ensure states producing any item in excess is able to transport it to other states where there is demand

Govt gifts Rs 1.45-trillion incentive for 10 manufacturing sectors

Govt gifts Rs 1.45-trillion incentive for 10 manufacturing sectors

Rediff.com12 Nov 2020

The government hopes that the PLI schemes would provide 200,000-300,000 direct employment over five years, according to sources in the know.

FDI clarifications may slow down investor movement

FDI clarifications may slow down investor movement

Rediff.com7 Jun 2013

The stipulation that new front-end stores will have to be set up will impact M&A in the sector.

Railways readying for action on FDI

Railways readying for action on FDI

Rediff.com8 Aug 2014

With the Union government clearing the way for foreign direct investment (FDI) in the railways, the Railway Board is devising a plan for operations, maintenance and construction projects.

Amazon readies plan to take on Walmart in India's retail space

Amazon readies plan to take on Walmart in India's retail space

Rediff.com17 May 2018

While the talks are still at a preliminary stage, sources said major retail players had held discussions with Amazon

As iPhone sale slows, Apple looks to dial India

As iPhone sale slows, Apple looks to dial India

Rediff.com27 Jan 2016

With 4G coverage spreading, Indian consumers will likely be more open to investing in smartphones

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

Stalin Draws Up Line Of DMK Succession

Stalin Draws Up Line Of DMK Succession

Rediff.com14 Dec 2022

What does Udhayanidhi's induction as minister mean? For the DMK, it indicates the future course, direction and leadership. It is continuity with change, and change with continuity, points out N Sathiya Moorthy.

Ex-SBI chief's book is frank, but is it fearless?

Ex-SBI chief's book is frank, but is it fearless?

Rediff.com4 Dec 2021

Barring stray references such as the 'dual control' of banks and shifting the goalposts during demonetisation, he is not in a fault-finding mode with the government, notes Tamal Bandyopadhyay.

Centre-Bengal ties may hold key to investments

Centre-Bengal ties may hold key to investments

Rediff.com6 May 2021

Though the mandate is seen largely an outcome of Banerjee's welfare schemes, she has promised to industrialise at a faster pace, or so read the manifesto.

4 key trends that emerge from the FDI numbers

4 key trends that emerge from the FDI numbers

Rediff.com4 Jul 2016

The overall FDI policy landscape is changing and can do so faster, says

Modi's efforts to usher reforms hits a roadblock

Modi's efforts to usher reforms hits a roadblock

Rediff.com17 Aug 2015

Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.

The daunting tasks facing Suresh Prabhu

The daunting tasks facing Suresh Prabhu

Rediff.com15 Sep 2017

Mr Prabhu has a big challenge ahead in implementing trade reforms to regain the lost export momentum, says Jayanta Roy.

E-com norms will affect Netflix, Hotstar, Amazon Prime

E-com norms will affect Netflix, Hotstar, Amazon Prime

Rediff.com27 Mar 2019

At the heart of the issue is the way e-commerce is defined in the current draft policy.

Govt to focus on 10-12 states to kick-start Make In India

Govt to focus on 10-12 states to kick-start Make In India

Rediff.com2 Jan 2015

Although the idea is to focus on all states to turn India into a global manufacturing hub, the department of industrial policy and promotion, the nodal agency to carry out the campaign, has selected a handful of states that have a sound industrial backbone such as Maharashtra, Tamil Nadu, Karnataka, Gujarat, Andhra Pradesh, Telangana and others.

FDI from Mauritius to India drying up

FDI from Mauritius to India drying up

Rediff.com13 Apr 2014

Foreign Direct Investment inflows from Mauritius have almost halved during April-January period of last fiscal to $4.11 billion on fears of impact of GAAR and possible re-negotiation of the tax avoidance treaty.

Services attract highest FDI despite Make in India push

Services attract highest FDI despite Make in India push

Rediff.com9 Jul 2015

Services attract highest foreign direct investment, despite Make in India push.

Increased import of Chinese goods hurts Indian MSMEs

Increased import of Chinese goods hurts Indian MSMEs

Rediff.com18 Jun 2013

In eight major MSME-centric product groups, imports from China grew the fastest.

SC notices to Centre, others on plea against Jet-Etihad deal

SC notices to Centre, others on plea against Jet-Etihad deal

Rediff.com8 Oct 2013

The apex court issued notices to the Centre, ministries and departments concerned, Jet Airways and United Arab Emirate's Etihad Airways on the petition challenging the deal and sought their responses within four weeks.

How Walmart, Amazon plan to counter govt's e-com move

How Walmart, Amazon plan to counter govt's e-com move

Rediff.com5 Feb 2019

As Amazon India, Flipkart are forced to shut down 60 categories and push out 45 mn products, a new lobby group comprising sellers is in the making to take up e-com concerns.

StartUp India: Barely 1 in every 6 applicants qualifies so far

StartUp India: Barely 1 in every 6 applicants qualifies so far

Rediff.com17 Jun 2016

Of the first 189 whose credentials have been probed from the 400 applicants till date, barely 30 make it - and only one qualifies for IPR benefits.

Foxconn eyeing Ahmedabad, Gurgaon to make iPhones

Foxconn eyeing Ahmedabad, Gurgaon to make iPhones

Rediff.com2 Jan 2017

The Taiwanese maker is adopting a model of setting up smartphone assembly lines in multiple cities across India.

Corporate spying: CBI arrests commerce ministry employee

Corporate spying: CBI arrests commerce ministry employee

Rediff.com16 Mar 2015

CBI has also summoned a senior official of Reliance Industries Limited and a noted chartered accountant.

'At least 100 tonnes of gold can be mined a year in India'

'At least 100 tonnes of gold can be mined a year in India'

Rediff.com8 Feb 2018

While the gold policy covers every aspect, from sourcing gold to trading and investing in it, experts assert that the policy is incomplete if mining of gold in India isn't promoted.

Jack Ma comes calling again, discusses e-commerce future with Modi

Jack Ma comes calling again, discusses e-commerce future with Modi

Rediff.com31 Mar 2015

Jack Ma is learnt to have discussed about e-commerce, mobile telephony

All you want to know about Angel tax

All you want to know about Angel tax

Rediff.com15 Jan 2019

What is worrying is that this year, angel investments and seed funding deals have fallen by 40 per cent, ringing alarm bells in the start-up community in India.

Why Chinese firms are under govt lens

Why Chinese firms are under govt lens

Rediff.com10 Jan 2019

The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.

Ease of Doing Business: How REAL is India's ranking?

Ease of Doing Business: How REAL is India's ranking?

Rediff.com9 Nov 2018

For the second year in a row, India has been recognised as the fifth-best performing nation in reforming the business environment. However, in the two categories that the government was banking on most - "Paying Taxes" and "Resolving Insolvency" - landmark reforms that were expected to yield better results have had the opposite effect. Under the circumstances should the country celebrate already or are there any reasons for worry, wonders Subhayan Chakraborty.

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 to locate missing coal files by Sept 10: Jaiswal

Govt to locate missing coal files by Sept 10: Jaiswal

Rediff.com5 Sep 2013

Under attack for several files pertaining to coal block allocations going missing, Coal Minister Sriprakash Jaiswal said that he had asked officials to locate the missing papers by Tuesday and hinted the Central Bureau of Investigation may be asked to look into the case after that.

Attracting new investments in Telangana will not be easy

Attracting new investments in Telangana will not be easy

Rediff.com31 Jul 2013

It will now take at least two more years to get a clarity on the priorities and policies of the leadership of the new state of Telangana.

Infy co-founder 'Kris' Gopalakrishnan heads govt data panel

Infy co-founder 'Kris' Gopalakrishnan heads govt data panel

Rediff.com14 Sep 2019

'The idea is to have a separate and independent consultation on non-personal data, and decide the contours of how it should be regulated, whether as guidelines, rules, or a separate policy,' said a senior official at MeitY.

Budget impact: FDI cap in insurance sector may be raised to 74%

Budget impact: FDI cap in insurance sector may be raised to 74%

Rediff.com9 Jul 2019

For insurance intermediaries like brokers, insurance repositories, third-party administrators, etc, 100 per cent FDI may be permitted.

FDI in defence may go up to 100% if CEO is Indian

FDI in defence may go up to 100% if CEO is Indian

Rediff.com8 Aug 2014

Also the companies should be self-sufficient in product designing and have maintenance and life cycle support facilities.

Coronavirus impact: Govt restricts exports of 13 APIs, formulations

Coronavirus impact: Govt restricts exports of 13 APIs, formulations

Rediff.com4 Mar 2020

Exports of 13 APIs - including paracetamol, tinidazole, metronidazole, vitamin B1, vitamin B6, vitamin B12, acyclovir, progesterone - along with formulations made from these APIs, would be restricted.

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.