DIPP
Technology
Apple needs to apply afresh to open retail stores in India
US technology giant Apple Inc will have to re-submit its application for opening single brand retail trade stores in India after the recent changes in the FDI policy. Issues concerning cutting edge technology will be settled by the concerned administrative...
Latest News
Twitter Wars: DIPP snubs CAIT over Flipkart, Paytm case
With traders body Confederation of All India Traders (CAIT) alleging violation of foreign direct investment norms in the e-commerce sector by Flipkart and Paytm, the Department of Industrial Policy and Promotion (DIPP) on Monday said it is the RBI that...
Food
FDI in food: Govt may let foreign companies import ingredients
The Government is expected to permit foreign companies to import certain key ingredients like flavours and preservatives under the proposal to allow 100 per cent FDI in the food processing sector.
The Centre may also permit players to retail their...
Retail
Kishore Biyani predicts end of big online discounts
As the Government finally clears the air on the long-awaited definition of e-commerce in India and norms relating to FDI policies, Future Group CEO Kishore Biyani foresees the creation of a level playing field between online and brick-and-mortar retailers,...
Retail
Government permits 100 per cent FDI in e-commerce
With an aim to attract more foreign investments, the Government has permitted 100 per cent foreign direct investment (FDI) in the market place format of e-commerce retailing.
FDI has not been allowed in inventory-based model of e-commerce as per the...
Retail
DIPP releases Discussion Paper on FDI
The Department of Industrial Policy and Promotion (DIPP) has decided to release Discussion Papers on some subjects on FDI. In the series of these Discussion Papers, this is the second paper on ‘Foreign Direct Investment (FDI) in multi-brand retail...
Retail
Sensex breaches 11,000, recovers; Retail stocks form mixed bag
Green is the word that remained alien at Dalal Street, this Wednesday. The benchmark index Sensex continued to nosedive for the third day in a row. Nothing really seems to be working, neither RBI’s reduction of CRR nor Sebi’s...
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Latest News
Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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