14 Sep 2013
Mumbai: The Reserve Bank notified the definition of term 'control' in relation to foreign direct investment and revised the list of states where FDI is permitted in multi-brand retail.
25 Nov 2011
The government on Friday asserted that opening up of multi-brand retail for foreign players will create over 10 million jobs in the next three, brushing aside all criticism including from key UPA ally Trinamool Congress.
12 May 2014
New Delhi: Imaging products major Canon India would increase the network of its retail stores, Canon Image Square, to 300 by December 2015 to boost sales in the growing DSLR camera segment in India.
06 Jun 2014
Mumbai: Finance Minister Arun Jaitley, on his maiden visit on Saturday to the financial capital since assuming charge at North Block, will hold talks with sector regulators led by RBI Governor and Sebi chief to take stock of the economic situation.
29 Jun 2013
What is this FDI, which can bring the Parliament of India to a grinding halt, why it has become a political debate that a coalition partner had to withdraw its support from the government at the outset of this issue and the opposition took it to the streets to oppose with tooth and nail. Why would a country seek FDI, an acronym for Foreign Direct Investment, if it had actually managed without it till the conception and relevance of FDI in India ?
25 Jul 2013
Washington: Describing Bharatiya Janata Party as pro-reforms, BJP president Rajnath Singh has defended its decision to oppose Foreign Direct Investment in multi-brand retail arguing that such a move would aggravate the unemployment problem in India.
05 Dec 2012
Even as it voted in favour of FDI in retail, UPA's key constituent NCP on Wednesday struck a discordant note by saying that it did not support implementation of the decision in Maharashtra.
22 May 2014
New Delhi: The Commerce and Industry Ministry has prepared a draft Cabinet note for liberalizing FDI in the defence sector to boost domestic manufacturing and reduce dependence on imported equipment.
20 May 2014
New Delhi: The government has cleared 10 foreign direct investment proposal totalling Rs 139.95 crore, including that of Equitas Holding and Ambit Pragma Fund II.
08 Jun 2013
New rules requiring foreign supermarkets to set up their own warehouses and stores in India are likely to further delay the entry of companies like Wal-Mart Stores Inc, increase costs and hurt cash-strapped local retailers eager to partner with foreign companies.