Topics: FDI
Business
FCC suggested Ministry of Finance to allow 74% FDI insurance sector
The Union Finance Minister Nirmala Sitharaman on Monday announced an increase in Foreign Direct Investment (FDI) limit in the insurance sector from 49% to...
Business
ICICI Bank launches ‘Infinite India’ initiative for foreign business in India
ICICI Bank has announced the launch of 'Infinite India,' an online platform for foreign companies who are looking to establish or expand business in...
Business
Prime Minister Modi, “India received record high FDI during the pandemic”
Speaking at the ASSOCHAM Foundation Week 2020 on Saturday, Prime Minister Narendra Modi said, "During the pandemic, India received a record high Foreign Direct...
Amazon
CAIT calls Amazon, Flipkart as 'Economic terrorists'
Traders' body CAIT on Sunday lashed out at e-commerce majors Amazon and Flipkart, calling them "economic terrorists," and demanded that the government take action...
Business
India’s forex reserves increase by $441 million to a new lifetime high of $448.2 billion
India's forex reserves rose by $441 million to a fresh lifetime high of $448.249 billion in the week to November 15 on an increase...
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Business
India, US optimistic about inking trade deal before year-end: Senior Indian Diplomat
India and the US are “quite optimistic” that they will ink a trade deal before the end of this year, a senior Indian diplomat...
Amazon
CCI approves Amazon’s acquisition of 0.51% equity shares in Quess Corp
Fair trade regulator Competition Commission of India (CCI) on Monday said it has cleared the acquisition of equity share capital of Quess Corp by...
Amazon
Amazon acquires 49 percent shares in Witzig Advisory services
One of the world's largest E-commerce giant, Amazon Inc has acquired the 49% of the shares in Witzig Advisory Services, which also owes 'More...
Business
Enforcement Directorate to investigate if Amazon, Flipkart violated foreign exchange law
Investigation has been initiated against e-commerce giants Amazon and Flipkart for alleged violation of foreign exchange law, the Enforcement Directorate (ED) Monday informed the...
Inside
ED investigates Philip Morris International and Godfrey Philips on violation of Country’s laws charge
The Enforcement Directorate (ED) is investigating Philip Morris International Inc and its Indian partner Godfrey Phillips for alleged violation of the country's laws, a...
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Business
Suresh Prabhu: The Government is confident of meeting $100 billion in FDI by 2020
Commerce and Industry minister Suresh Prabhu said on March 9 the government has set a target of attracting $100 billion in foreign direct investments...
Inside
E-tail giants: Comprehensive policy on e-commerce is a welcome move
E-commerce giants Amazon and Walmart-backed Flipkart on February 23 said they are reviewing the draft national e-commerce policy and will share their inputs on...


