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FDI of nearly $200 bn in textile sector in 2013-14

Last Updated: Sunday, August 17, 2014, 22:48

Foreign direct investment (FDI) of USD 199 billion was made in India`s textile sector in the financial year 2013-14, government data shows.

'India only received investment bid in multi brand from Tesco'

Last Updated: Friday, August 08, 2014, 18:26

Apart from UK-based Tesco Plc, the government has not received any other proposal for investment in the country's multi brand retail sector so far, Parliament was informed on Friday.

Economic Survey 203-14: FDI in railways should be examined carefully, quickly

Last Updated: Wednesday, July 09, 2014, 20:15

Noting that FDI and privatisation in railway sector could be the next big ticket reforms, the Economic Survey today said the government's proposal to relax FDI in railways should be examined carefully and quickly.

Govt proposes 49% FDI in insurance, caps voting rights to 26%

Last Updated: Monday, July 07, 2014, 20:12

The government plans to increase foreign direct investment in the insurance sector to 49 percent with a rider that voting right of overseas partner will remain capped at 26 percent.

FIPB clears six FDI proposals worth Rs 551 crore

Last Updated: Thursday, July 03, 2014, 19:03

FIPB has cleared six FDI proposals with estimated investments of Rs 551 crore, including Mauritius-based Destimoney Enterprises' Rs 489.99 crore proposal for subscribing to partly paid equity shares of PNB Housing Finance Ltd.

FDI in e-commerce will help SMEs scale operations, reach

Last Updated: Monday, June 16, 2014, 21:02

Pushing for introducing FDI in B2C e-commerce, industry bodies and e-commerce firms have said such moves will help SMEs scale up their operations and aid expansion into smaller parts of the country.

Walmart to roll out B2B e-com; studying FDI in multi-brand

Last Updated: Friday, June 13, 2014, 20:09

US retail giant Walmart will roll out business-to-business (B2B) e-commerce operations in select locations in India next month and will continue to 'study the environment' for FDI in multi-brand retail.

FDI in services sector drops 54% in 2013-14

Last Updated: Sunday, June 08, 2014, 15:12

Foreign direct investment in the services sector declined by about 54 per cent year-on-year to USD 2.22 billion last fiscal, according to data from the Department of Industrial Policy and Promotion.

'With new govt, positive sentiment trickling in hiring cos'

Last Updated: Friday, June 06, 2014, 20:59

Leading HR consultancy firm Randstad India today said there is cautious optimism with the new government in power, and the positive sentiment is trickling through the hiring companies with a little bit of uptake on the number of jobs.

India likely to ease FDI norms for foreign online retailers in July

Last Updated: Wednesday, June 04, 2014, 14:38

The industry ministry that drafts FDI rules recently met officials from companies including Amazon, Google, eBay Inc, Wal-Mart and Indian e-tailer Flipkart to finalise the investment guidelines, sources said.

FinMin looking at raising FDI cap in insurance with riders

Last Updated: Monday, June 02, 2014, 18:42

Finance Ministry is contemplating raising FDI cap in insurance sector from 26 percent to 49 percent with some riders like restriction on voting right.

Tesco gets CCI approval for Trent stake purchase

Last Updated: Wednesday, May 28, 2014, 20:04

Fair trade regulator CCI has cleared British retail major Tesco's purchase of a 50 percent stake in Tata Group firm Trent Hypermarket, the first FDI transaction in multi-brand retail since the sector was opened up in 2012.