Apple Inc needs to apply afresh for single brand retail

Apple Inc needs to apply afresh for single brand retail

Apple, the maker of popular iPad and iPhone devices, will have to submit a fresh application for opening single brand retail stores in the country, as certain gaps have been found in the initial proposal.

Apple seeks nod to open its first stores in India

Apple seeks nod to open its first stores in India

In this context, Apple India Pvt Ltd has sent an application to the Department of Industrial Policy and Promotion (DIPP).

Make in India logo designed by young Indians: DIPP

The Commerce and Industry Ministry Thursday said the Make in India logo has been designed by "young Indians".

IPR policy to help India become innovative economy

IPR policy to help India become innovative economy

The national Intellectual Property Rights (IPR) policy being prepared by government will help India become an innovative economy over the next 10 years, a top official said Wednesday.

FDI into India up 13% to $6.63 bn in H1 FY16

FDI into India up 13% to $6.63 bn in H1 FY16

The foreign investment was USD 14.69 billion during April-September 2014, according to the latest figures of the Department of Industrial Policy and Promotion (DIPP).

DIPP notifies FDI policy relaxation in defence sector

DIPP notifies FDI policy relaxation in defence sector

Foreign investment up to 49 per cent in defence sector, that results in change in ownership of a company, will need prior FIPB approval even though the government has put such investments under automatic route.

DIPP notifies easing of FDI policy in several sectors

DIPP notifies easing of FDI policy in several sectors

The Department of Industrial Policy and Promotion on Tuesday notified the recent liberalisation of FDI policy in several sectors including defence, retail and construction development sector.

India, Germany to set up mechanism to fast-track investments

India, Germany to set up mechanism to fast-track investments

India and Germany today signed an agreement to set up a separate body to fast-track investments by German companies in the country and weed out the obstacles faced by them in conducting business here.

Govt to review Make in India drive on completion of 1st year

Government will review progress of the Make in India initiative on completion of one year and deliberate on steps to give a further boost to the initiative, aimed at making the country a global manufacturing hub.

Adani Group seeks licence to manufacture warships

The group is also evaluating options to set up a greenfield shipyard in Gujarat, besides leveraging its significant land holding for a defence manufacturing park.

DIPP may announce states' ranking on ease of doing biz this week

The Department of Industrial Policy and Promotion (DIPP) is expected to release the ranking of states on 'ease of doing business' this week.

Ease of doing biz: Cos bat for single-window clearance

Top companies, including Tata Steel, Hindustan Unilever, ONGC and industry chambers have called for a single window clearance, simplification of regulatory mechanisms and tax structures, among others, to improve ease of doing business in India.

FDI in services sector dips 14% in April-June quarter

The (services) sector contributes about 60 percent to the India's economic growth. In FY 2013-14, foreign investment in the sector increased to USD 3.25 billion from USD 2.22 billion in the preceding fiscal.

FDI up 6.5% to $2.05 bn in June

The Foreign direct investment (FDI) in the country increased by about 6.5 per cent to USD 2.05 billion in June this year, according to official data.

Ranking states on ease of doing biz: DIPP gets 25 responses

The DIPP has received response from 25 states and union territories including Uttar Pradesh, Madhya Pradesh, Tamil Nadu, Odisha, Maharashtra, Karnataka, and Rajasthan.

Adidas seeks permission to run company-owned stores in India

At present, Adidas -- which globally manufactures and sells sports shoes, apparels and accessories -- is selling its range of products through its network of franchisees.

Ranking states on 'ease of doing biz': DIPP gets 18 responses

"We are expecting that more states will send their response. If we will not get, then the DIPP will start the process. By month end we will start doing that," a senior official said.

FDI soars 48% after 'Make in India' campaign, says Secy

Foreign direct investment (FDI) into India during October 2014-April 2015 period rose by 48 per cent year-on-year after the launch of 'Make in India' initiative, a senior government official said on Friday.

Commerce Ministry seeks feedback to sort out FDI issues in e-commerce

According to sources, Kant first met officials of various public sector banks on issues over payment mechanism of e-commerce.

Mauritius regains top slot as source of FDI in India

Mauritius accounted for about 29 per cent of the country's total FDI inflows last fiscal. In 2013-14, Singapore had replaced Mauritius as the top source of FDI into India.