Tag Archives: FDI

government Relaxes FDI Norms for single emblem Retail, E-trade for food merchandise

authorities on Monday comfortable foreign Direct investment (FDI) norms in a bunch of sectors such as civil aviation, unmarried-emblem retail, defence, e-commerce, and pharma with the aid of permitting more investments below automatic course. different sectors wherein FDI norms had been relaxed encompass e-trade in meals products, broadcasting carriage offerings, private security groups and animal husbandry. “Now most of the ... Read More »

CAIT Alleges Flipkart Violated E-commerce FDI Norms

investors’ frame CAIT Wednesday filed a complaint with the department of commercial coverage & promoting alleging violation of FDI norms for e-trade with the aid of online retail foremost Flipkart. The grievance is in connection with an commercial in newspapers announcing the sale of an item together with its discounted charge to be available on the e-commerce platform of Flipkart, ... Read More »

Government Planning Hike in FDI for PSU Banks: Report

New Delhi: The government is planning to increase the foreign investment limit in public sector banks to 49 per cent from 20 per cent with a view to attract overseas inflows. The Finance Ministry is looking into the proposal, sources said adding it may be announced in the forthcoming Budget 2016-17. If the government accepts this proposal, it would lead ... Read More »