Fdi Norms

Cabinet to soon consider relaxing mandatory 30% local sourcing norms for single-brand retailers

Currently, online sale by a single-brand retail player is allowed only after opening of physical outlet.

Restaurants in dilemma after govt makes changes in FDI norms for e-commerce firms, seek clarification

NRAI had approached the DIPP early this month seeking clarity if online food companies should comply with the FDI guidelines.

Walmart India plans to increase share of private labels to 10%, 30 stores by 2019

Walmart India closed fiscal 2017 with a topline of Rs 3,609 crore, up around 14 percent, according to government filing.

Walmart-Flipkart deal: CCI says discounting practice 'already prevalent', no bar on it to probe

In its detailed order clearing the deal, the CCI has said the deal is "not likely" to have an appreciable adverse effect on competition in India.

AirAsia case: Tata Trusts reposes faith in R Venkataramanan, says its offices not raided by investigative agencies

The trustees of Tata Trusts reposed their faith in R Venkataramanan, who is non-executive director and a nominee of Tata Sons on the Board of AirAsia India

Sensex opens 100 pts up on FDI boost norms, Telcos gain

The BSE Sensex opened at 19958.46, up 0.54 percent while the Nifty opened at 5981.65, up 0.44 percent.

RBI notifies FDI rules, defines 'owned or controlled'

The notification of Press note 2 and 3 of the Department of Industrial Policy and Promotion (DIPP), which has been pending for the last four years, will be used to ensure that foreign direct investments comply with FDI ceilings and other norms.

RBI eases FDI norms, allows companies to issue equity shares to NRIs

Easing foreign direct investment (FDI) norms, Reserve Bank has allowed companies to issue equity shares to a resident outside India against any type of fund subject to certain conditions.