Department of Industrial Policy & Promotion
Latest News
CAIT alleges Flipkart violated e-commerce FDI norms
Traders' body, Confederation of All India Traders (CAIT), has filed a complaint with the Department of Industrial Policy & Promotion (DIPP) alleging violation of FDI norms for e-commerce by online retail major Flipkart.
According to a report in PTI: The...
Fashion & Lifestyle
Govt Approves Proposal of TESCO for Multi Brand Retail Trading in India
India is sixth largest supplier in world with 3.7 percent share in global readymade garment exports as per World Trade Integrated Solutions database of 2013 while Bangladesh and Cambodia are 2nd and 14th largest readymade garment supplier in global...
Retail
Budget Still Ambiguous on Allowing FDI in E-commerce, Anurag Rajpal, American Swan
American Rajpal, Director & CEO, American Swan, feels that the Union Budget 2014-15 is still ambiguous on allowing FDI in ecommerce. Referring to the budget announcement that manufacturing units will be allowed to sell its products through retail including...
Retail
Secretaries’ panel clears 51 per cent FDI in multi-brand retail
A committee of secretaries (CoS) has recommended 51 per cent foreign direct investment (FDI) in multi-brand retail, albeit with some stiff riders, paving the way for the entry of some of the world’s biggest retailers such as Wal-Mart, Carrefour...
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Latest News
Varun Beverages to raise Rs 7,500 cr to fund expansion plans
The fund would be raised in "one or more tranches" and would be "subject to receipt of approval of...
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