FDI in April-Oct dips 15% to $12.6 bn

Last Updated: Wednesday, December 11, 2013, 20:45

Foreign direct investment (FDI) in India declined by about 15 percent to USD 12.6 billion (Rs 74,971 crore) during April-October this 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.

Govt may review FDI policy in pharma, housing tomorrow

Last Updated: Wednesday, November 27, 2013, 18:54

The Cabinet is likely to take a decision Thursday on relaxing FDI norms for the housing sector and reducing foreign investment limit to 49 percent in rare and critical areas of the pharma segment.

Cabinet defers consideration of pharma, housing FDI proposals

Last Updated: Monday, November 25, 2013, 19:42

The strategy for the WTO ministerial conference in Bali next month was also not discussed.

Govt to review FDI policy in pharma sector on Monday

Last Updated: Friday, November 22, 2013, 20:20

Government will take up on Monday the issue of tightening FDI in existing pharmaceutical companies in the wake of concerns over multinationals taking over domestic drug makers.

Decision on relaxing FDI norms for housing sector likely Monday

Last Updated: Friday, November 22, 2013, 19:08

The government is likely to take a decision on Monday on relaxing FDI norms for the housing sector, including easing conditions for exit before the three- year lock-in period.

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.

Fin Min not in favour of tightening FDI norms in pharma

Last Updated: Tuesday, October 15, 2013, 17:25

The Finance Ministry is not in favour of tightening of norms for foreign investors in already existing Indian pharmaceutical companies, a senior official said.

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 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.

DIPP favourably looking at relaxing FDI norms for housing

Last Updated: Sunday, August 18, 2013, 16:56

The DIPP is "favourably" looking at relaxing FDI norms for the housing sector, including easing the three-year lock-in period, to attract foreign investment.