Latest News on Dipp
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Dipp - Total results - 131
Apr 06, 2013
Govt releases latest edition of consolidated FDI policyThe Department of Industrial Policy and Promotion (DIPP) today released the latest edition of consolidated FDI policy incorporating the changes made in the regulations over the past one year.
Mar 07, 2013
AirAsia JV gets in-principle nod but FDI guidelines may complicate dealTheir doubt stems from the wording of the FDI guidelines which have permitted foreign airlines to invest in Indian carriers up to 49%. These guidelines do not specify whether such an investment can also come in a new company which has yet not been set up.
Nov 22, 2012
Govt approves 8 FDI proposals in pharma for Rs 1,843 crThe government today said a total of eight proposals amounting to Rs 1,842.55 crore relating to foreign direct investment (FDI) in brownfield pharmaceutical sector were approved in August this year.
Oct 18, 2012
DIPP asks RBI to probe Walmart's investment in Bharti armThe Commerce and Industry Ministry has referred to RBI the issue of alleged violation of FDI norms by Walmart in its Rs 456-crore investment made in a Bharti Group company.
Sep 20, 2012
Want to shop at Ikea in India? Wait till 2015Swedish home furnishings major IKEA said it has not been asked by the Indian government to re-apply for entering the market through single brand FDI route following the relaxation of sourcing norms.
Sep 18, 2012
IKEA will have to resubmit application for opening storesSwedish home furnishing major IKEA will have to revise its application and reapply to the government for opening stores in India after the relaxation of mandatory sourcing norms for FDI in single brand retail, an senior official said.
Sep 17, 2012
DIPP allows Zara owner to set up Massimo Dutti storesIn a move that will bring cheer up Spanish brand Zara, the Department of Industrial Policy and Promotion (DIPP) has done away with the norm that the foreign investor has to own the brand reports CNBC TV 18's Rituparna Bhuyan.
Jul 06, 2012
IKEA faces scores of queries before it opens shopAt the outset, it looks like the company will have to go through a long-drawn out process of back-and-forth writing before it sets up shops here.
May 25, 2012
DIPP, industry to meet MSME ministry on local sourcingDomestic sourcing is a concern for foreign firms and Swedish retail chain IKEA has communicated its concerns.
Jul 23, 2009
Infosys Wins eBiz Project From Ministry Of Commerce & IndustryThe scope of work under this agreement includes designing the eBiz platform; establishing the supporting IT infrastructure; and expanding the eBiz solution and services for the next 10 years.