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Govt clears four FDI proposals worth Rs 502 cr

Last Updated: Tuesday, December 31, 2013, 18:01

Four foreign direct investment proposals, including that of Mahle Holding India and HBO India, totalling Rs 502 crore have been cleared by the government.

Govt may relax FDI norms for muti-brand retail on Thursday

Last Updated: Wednesday, July 31, 2013, 22:26

The government is likely to liberalise FDI norms for multi-brand retail on Thursday, a move that Finance Minister P Chidambaram expects will help attract first foreign investment in the sector.

Parliament panel seeks regulator for FDI in multi-brand retail

Last Updated: Tuesday, July 23, 2013, 17:13

While allowing 51 percent FDI in multi-brand retailing, the government made it mandatory for at least 30 percent of the value of manufactured or processed products to be sourced from small industries.

Owned or controlled issue: RBI to soon notify FDI Press notes

Last Updated: Wednesday, June 26, 2013, 21:40

The RBI will soon notify the contentious FDI press note 2 and 3 which provides definition of 'owned or controlled', a term which is essential to determine whether a company is a foreign firm or a domestic entity.

Inter-ministerial meeting on FDI caps on July 1

Last Updated: Wednesday, June 26, 2013, 18:33

The DIPP has called an inter-ministerial meeting on July 1 to discuss the Finance Ministry's proposal for raising FDI caps in several sectors including defence, telecom and multi-brand retail.

FDI inflows to India slump by 43%

Last Updated: Wednesday, February 27, 2013, 13:56

Foreign Direct Investment (FDI) in India slumped by 43.3 percent at $15.85 billion in April-November period of the current financial year as compared to $27.93 billion in the corresponding period previous year, according to the Economic Survey 2012-13 released Wednesday.

Ready for debate on govt decisions: Anand Sharma

Last Updated: Saturday, December 15, 2012, 21:24

Decrying "partisan" politics in policy decisions like FDI in multi-brand retail, Commerce and Industry Minister Anand Sharma said he is ready for a debate on the recent government decisions.

Those opposing FDI in retail are `ignorant` of realties: PM

Last Updated: Saturday, December 15, 2012, 17:53

Emboldened by the victory over the issue of FDI in retail in Parliament, Prime Minister Manmohan Singh hit out at opponents, saying they are "ignorant" about global realities.

It’s foolish to say FDI will kill Indian small retailers: Kapil Sibal

Last Updated: Tuesday, December 04, 2012, 17:06

Presenting the government’s point of view on the FDI in the multi-brand retail debate, Communications and IT Minister Kapil Sibal said, “The issue of FDI in the multi-brand is being hyped.”

FDI in multi-brand retail to profit farmers: Gogoi

Last Updated: Sunday, December 02, 2012, 17:01

Assam Chief Minister Tarun Gogoi on Sunday said entry of big multinational companies would benefit local farmers.

FDI in multi-brand retail to encourage competition: CCI chief

Last Updated: Sunday, October 07, 2012, 12:59

Coming to the defence of the government facing stiff opposition over opening multi-brand retail to foreign investment, the Competition Commission of India on Sunday said that entry of big players in the retail market would encourage competition.

'Decision to allow FDI in retail taken under US pressure'

Last Updated: Sunday, September 16, 2012, 23:20

Criticising the Congress-led UPA government for allowing Foreign Direct Investment in the retail sector, CPI on Sunday alleged the decision was taken under pressure from the US government and multinational companies.