Department Of-industrial-policy-and-promotion

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Department Of-industrial-policy-and-promotion - Total results - 50
Future Group starts listing brands, products on Amazon; US e-commerce major may buy stake in Future Coupons
Business

Future Group starts listing brands, products on Amazon; US e-commerce major may buy stake in Future Coupons

Future Group’s Big Bazaar will be one of the preferred sellers on Amazon Now. Amazon is also in talks to buy a stake in Future Coupons, a firm owned by Biyani

A Twist in the e-Tail
India

A Twist in the e-Tail

Flipkart and Amazon are now lobbying to get the deadline for the new rules extended beyond February 1 giving them enough time to refit the operational contours.

Angel tax exemption for startups: DIPP invites views from stakeholders for better implementation of procedure
Business

Angel tax exemption for startups: DIPP invites views from stakeholders for better implementation of procedure

On 16 January, the government eased the procedure for seeking income tax exemption by startups on investments from angel funds and prescribed a 45-day deadline for a decision on such applications.

Revised FDI norms for e-commerce: Brands co-owned by Bollywood celebrities likely to get affected
Business

Revised FDI norms for e-commerce: Brands co-owned by Bollywood celebrities likely to get affected

The government has banned e-commerce companies such as Amazon.com and Walmart-owned Flipkart Group from selling products from companies in which they have an equity interest

New FDI policy on e-commerce: Amazon, Flipkart among others seek extension of 1 February deadline
Business

New FDI policy on e-commerce: Amazon, Flipkart among others seek extension of 1 February deadline

Tightening norms for e-commerce firms having foreign investment, the government recently barred online marketplaces like Flipkart and Amazon from selling products of companies where they hold stakes

Corruption, securing funding key challenges for startups and small and medium enterprises in 2019 : Report
Business

Corruption, securing funding key challenges for startups and small and medium enterprises in 2019 : Report

Several startups and angel investors have, in the recent past, raised concerns over notices received from the income tax authorities

Startups panic as Income Tax Department sends notices over 'angel tax'; govt 'takes up the issue'
Business

Startups panic as Income Tax Department sends notices over 'angel tax'; govt 'takes up the issue'

Founders of some of the troubled startups are now planning to meet the secretary of the department of industrial policy & promotion (DIPP), Ramesh Abhishek

Ranking of states, Union Territories on startup development to be announced on 20 December
Business

Ranking of states, Union Territories on startup development to be announced on 20 December

The rankings are based on the initiatives taken to develop startup ecosystem for promoting budding entrepreneurs.

Invest India receives top UN Investment Promotion award for promoting renewable energy
Business

Invest India receives top UN Investment Promotion award for promoting renewable energy

A non-profit venture of the Department of Industrial Policy and Promotion, Invest India promotes sustainable investment.

Govt tenders worth Rs 15,000 crore cancelled over discriminatory conditions against domestic players
Business

Govt tenders worth Rs 15,000 crore cancelled over discriminatory conditions against domestic players

Secretary in the Department of Industrial Policy and Promotion (DIPP) Ramesh Abhishek said the cancelled tenders were re-issued by making changes to promote 'Make in India' initiative of the government.

Foreign direct investment in India grows 23% in Apr-Jun quarter of current fiscal, says govt data
Business

Foreign direct investment in India grows 23% in Apr-Jun quarter of current fiscal, says govt data

Singapore was the largest source of FDI during April-June 2018-19 with $6.52 billion, followed by Mauritius ($1.5 billion), Japan ($874 million), the Netherlands ($836 million), the UK ($648 million), and the US ($348 million).

Maharashtra slips from 10 to 13 in EODB ranks: Opposition blames poor coordination between Shiv Sena, BJP
India

Maharashtra slips from 10 to 13 in EODB ranks: Opposition blames poor coordination between Shiv Sena, BJP

Maharashtra NCP spokesman Nawab Malik alleged that investors were afraid of doing business in the state due to the "rise in corruption

Andhra Pradesh ranked No. 1 state to do business in India; Gujarat ranking slips further
Business

Andhra Pradesh ranked No. 1 state to do business in India; Gujarat ranking slips further

In last year's ranking, Andhra Pradesh had jointly topped the chart with Telangana while Gujarat was relegated to the third position from the top slot in 2015.

Govt revises definition of a startup; everything you need to know about the new norms
Business

Govt revises definition of a startup; everything you need to know about the new norms

The Department of Industrial Policy and Promotion (DIPP), under Union Ministry for Commerce and Industry, amended the definition of a startup on Wednesday

Government considering a mechanism to compensate customers who got counterfeit products from e-commerce platforms
News & Analysis

Government considering a mechanism to compensate customers who got counterfeit products from e-commerce platforms

According to the Commerce and Industry Ministry, counterfeiting has grown considerably to a point where it has become a widespread phenomenon.

Narendra Modi to promote India as investment destination at five-day World Economic Forum in Davos
Business

Narendra Modi to promote India as investment destination at five-day World Economic Forum in Davos

Prime Minister Narendra Modi is set to hard sell India as an investment destination at the five-day World Economic Forum (WEF) at Davos, starting 22 January.

India considering concessions that Apple had sought to set up manufacturing unit in India, says DIPP official
News & Analysis

India considering concessions that Apple had sought to set up manufacturing unit in India, says DIPP official

It also wants reduction in customs duties on completely knocked down and semi-knocked down units of devices that are to be assembled in the country.

Industrial policy: Govt floats discussion paper, eyes job creation for next two decades
Business

Industrial policy: Govt floats discussion paper, eyes job creation for next two decades

In the long run, the policy outcome should be that the number of global Indian firms increases in the Fortune-500 category, the document said.

Telecom sector received FDI worth over $9.79 billion from 2014-15: DIPP
News & Analysis

Telecom sector received FDI worth over $9.79 billion from 2014-15: DIPP

The country received foreign direct investment (FDI) of over USD 9.79 billion since 2014-15 in the telecom sector, Parliament was informed today.

Boost for startups: DIPP proposes Rs 2000 cr credit guarantee scheme for entrepreneurs
Business

Boost for startups: DIPP proposes Rs 2000 cr credit guarantee scheme for entrepreneurs

The proposed scheme, she said, will provide credit guarantee of up to Rs 500 lakh per case inclusive of term loan, working capital or any other instrument of assistance extended by member lending institutions to finance an eligible startup recognized by the Department of Industrial Policy and Promotion (DIPP).