India plans to further enlarge the scope of investment in the Russian commodity market to fuel its industries for coming decades. As part of this strategy India has offered to jointly develop coal fields and mines in Russia.
Tag: Department of Industrial Policy and Promotion
Post
Post
Ports – Porting Ahead
A lot of optimism has set in with 100 per cent FDI inflow, the Sagarmala Project, greater thrust on PPP projects, and the ´Make in India´ initiative. The Indian ports and shipping industry plays a vital role in sustaining growth of the country´s
Post
India calling
In a move that could help consolidation, the government, just this September, approved rules for spectrum trading, allowing companies to buy and sell spectrum among themselves.
Post
Control and ownership norms in FDI
In order to bring more clarity on the issue, the Corporate Affairs Ministry is expected to submit its comments on control definition in the context of foreign direct investment (FDI) deals.
Post
India receives 25% more FDI in April
Data compiled by the Department of Industrial Policy and Promotion (DIPP) shows 25 per cent year-on-year growth in foreign direct investment (FDI) into India in April at $2.32 billion. In April 2012, the country received FDI worth $1.85 billion. FDI in April 2013 is said to be the highest level in the past six months. In September, 2012, foreign inflows were $4.67 billion
Post
Press notes on FDI notified by RBI
Press notes 2 and 3 of the Department of Industrial Policy and Promotion (DIPP) have been notified by the Reserve Bank of India (RBI) recently. The notes, which have been pending for the last four years, relate to guidelines for foreign direct investment (FDI), defining control over the company and transfer of ownership. The press notes provide definition of 'owned or controlled', a term which is essential to determine whet
Post
DIPP to consult ministries on FDI hike proposal
Department of Industrial Policy and Promotion (DIPP) will consult with different central government ministries separately on the proposal to raise the foreign direct investment limit in different sectors. It may be recalled that the Mayaram Committee recommended raising FDI limit in almost all sectors to 49 per cent through the automatic
Post
DIPP clears RBI proposal on FDI
In order to protect the interests of foreign investors, the department of industrial policy and promotion (DIPP) approved the proposal to route the foreign direct investment (FDI) in shares of Indian companies through an escrow account. The proposal was mooted by the Reserve Bank of India (RBI) as it found that some Indian companies, who receive FDI, failed to issue shares till the deadline of 180 days near
Post
Govt takes steps to promote FDI
The central government is taking a slew of measures to promote foreign direct investment in Indian companies and thereby improve capital flows into the country. As part of this effort, the Department of Industrial Policy and Promotion (DIPP) would soon move a Cabinet note to amend the FDI policy to bring more clarity on the definition of ‘control’ in sync with that in the C
Post
Govt takes steps to promote FDI
The central government is taking a slew of measures to promote foreign direct investment in Indian companies and thereby improve capital flows into the country. As part of this effort, the Department of Industrial Policy and Promotion (DIPP) would soon move a Cabinet note to amend the FDI policy to bring more clarity on the definition of ‘control’ in sync with that in the C