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FDI policy News
E commerce companies seek more time to comply with new FDI policy
Thu, Jan 24, 2019
Amazon and Walmart-owned Flipkart have asked the government to extend the February 1 deadline to comply with recently announced changes in the foreign direct investment (FDI) policy for ecommerce.
E-commerce FDI policy bars foreign investment in multi-brand retail: Government
Thu, Jan 03, 2019
The Centre on Thursday said the Foreign Direct Investment (FDI) policy on e-commerce does not allow foreign investments into multi-brand retail.
What is FDI Policy of Press Note 3 for e-commerce and why it is a setback for Amazon, Flipkart, Walmart
Wed, Jul 11, 2018
While these three companies were busy competing against each other, they have been hit by a policy that targets their very core.
Govt allows foreign airlines to invest in Air India; aviation stocks climb, Spicejet falls 2%
Wed, Jan 10, 2018
The government has allowed foreign airlines investment in Air India by up to 49%.
FDI up 9% in FY17 to highest level of $43.48 billion: Govt
Fri, May 19, 2017
"The FDI equity inflow received during 2016-17 is $43.48 billion... It is the highest ever for a particular financial year," it said.
CBDT proposes norms for tax benefits for genuine equity deals
Tue, Apr 04, 2017
As per the Finance Act, 2017, the income arising by way of a transfer of long-term capital asset, being equity share in a company, will be exempt from tax if such transfer is undertaken after October 1, 2004 and chargeable to Securities Transaction Tax (STT).
CBDT seeks suggestion on draft notification of STT chargeability rules
Mon, Apr 03, 2017
Under the Section 10 (38), the income arising by way of a transfer of long term capital asset, being equity share in a company, shall be exempt from tax if such transfer is undertaken after 1st October, 2004.
India attracted $32.5 billion foreign direct investment during April-November
Mon, Feb 06, 2017
India attracted $32.49 billion (nearly Rs 2,16,214.4 crore) foreign direct investment (FDI) in April-November of 2016-17, Parliament was informed on Monday.
Government mulls easing foreign direct investment norm for single brand retail
Tue, Jan 17, 2017
The government is considering allowing 100% FDI through automatic route in single brand retail to attract a larger number of global players in the sector.
IndiGo, SpiceJet raise red flag over Govt's decision to allow 100% FDI in aviation
Wed, Jan 04, 2017
IndiGo and SpiceJet have raised "security" concerns over the government's decision to allow 100% foreign ownership by non-airline players in the Indian carriers.
WATCH: Top 5 stories of this morning; From Nifty trading below 8,650-mark to Maruti posting Oct sales at 1.33 lakh units
Tue, Nov 01, 2016
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this morning: 1. Nifty trades below 8,650, metal, telecom shares surge
FIA drags Tata-Air Asia to Supreme Court
Thu, Oct 27, 2016
Cyrus Mistry said, "Tata Sons board and members and trustees are also aware that in the case of Air Asia, ethical concerns have raised with respect to certain transactions as well as the overall prevailing culture within the organization. A recent forensic investigation revealed fraudulent transaction of Rs 22 crore involving non-existent parties in India and Singapore."
Domestic reforms to cushion India from global shocks: FM Jaitley
Thu, Oct 13, 2016
"Over the last two-and-a-half years most of the sectors have been reviewed and we now have probably the most open FDI policy in the world with 90 per cent of FDI coming in through the automatic route," he said.
Snapdeal, Flipkart, Amazon claim massive transactions on Day 1 of festive sales
Mon, Oct 03, 2016
E-commerce majors Snapdeal and Flipkart on Sunday claimed lakhs of transactions on their platforms on the first of the five-day discount sales on Sunday even as some consumers expressed woes on the social media about certain glitches.
PM Modi-led Cabinet approves 'radical' changes in FDI policy; permits 100% foreign investment in defence
Wed, Aug 31, 2016
The changes introduced in the policy included increase in sectoral caps, bringing more activities under automatic route and easing of conditionalities for foreign investment.