Investment proposals drop to 127 in November

Last Updated: Sunday, January 11, 2015, 12:15

Initiatives announced by the government to attract investment are yet to yield results as the number of industrial entrepreneurs memoranda in November was down at 127 as against 159 in the same month last year.

China's November industrial profits at 27-month low

Last Updated: Saturday, December 27, 2014, 09:32

Chinese industrial profits dropped sharply in November, official data showed on Saturday, falling 4.2 percent from a year earlier, the biggest annual decline since August 2012.

Delhi govt withdraws permission for FDI-funded retail stores

Last Updated: Monday, January 13, 2014, 16:49

Delhi has become the first state to withdraw permission for FDI-funded retail stores.

Walmart wants mandatory local sourcing level reduced to 15%

Last Updated: Sunday, January 12, 2014, 13:33

"The company had said that it cannot meet the mandatory 30 percent sourcing norm and can procure only about 20 percent from small units. But it has asked to reduce it to 15 percent," sources said.

Next edition of consolidated FDI policy to come out on Mar 31

Last Updated: Monday, January 6, 2014, 15:25

The Department of Industrial Policy and Promotion plans to release the next edition of its consolidated FDI policy document on March 31, incorporating changes made over the past year.

FDI inflow declines 38% to $2.91 bn in September

Last Updated: Tuesday, December 3, 2013, 16:19

Foreign Direct Investment into the country declined by about 38 percent, year-on-year, to USD 2.91 billion in September, according to the Department of Industrial Policy and Promotion.

Punjab`s new industrial policy to be notified on Dec 5: Sukhbir Singh Badal

Last Updated: Saturday, November 30, 2013, 19:41

Eyeing major investments from top companies during its `global investment summit` next month, the Punjab government will notify its new industrial policy on December 5, Deputy Chief Minister Sukhbir Singh Badal said on Saturday.

DIPP for stringent conditions in FDI in existing pharma cos

Last Updated: Thursday, November 14, 2013, 21:26

Faced with rush of multinationals to acquire Indian pharma firms, the commerce and industry ministry is proposing to tighten the FDI policy for the sector by incorporating conditions like mandatory investment in R&D and non-compete clause in the shareholders pact.

Walmart seeks more clarity on sourcing norms from DIPP

Last Updated: Thursday, September 19, 2013, 21:15

Wal-Mart Stores, the world's largest retailer, Thursday sought additional clarifications from the government on the 30 percent local sourcing clause, which is mandatory for companies entering the multi-brand segment.

FDI inflow up by 12% to $1.65 bn in July

Last Updated: Tuesday, September 17, 2013, 19:02

Foreign Direct Investment (FDI) into India grew by 12 percent year-on-year to USD 1.65 billion in July, highest since April.

FDI up 6% to $10.87 bn in Jan-Jun 2013

Last Updated: Sunday, September 8, 2013, 10:43

According to data from the Department of Industrial Policy and Promotion (DIPP), the country had received USD 10.27 billion of FDI in January-June, 2012.

FDI in pharma: DIPP to circulate draft cabinet note this week

Last Updated: Tuesday, August 20, 2013, 18:11

The Department of Industrial Policy and Promotion is expected to circulate a draft cabinet note this week proposing major changes in FDI policy for existing pharma companies to protect domestic generic firms.