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Govt examining FDI flow from China in Paytm Payments Service

One97 Communications Ltd (OCL) has an investment from Chinese firm Ant Group CoNew Delhi: The government is examining foreign direct investment from China in Paytm Payments Services Ltd (PPSL), the payment aggregator subsidiary of One97 Communications Ltd, sources said.In...

Apple reveals look of its first store in India, inspired by Mumbai’s Kaali Peeli taxi

Inspired by the iconic Kaali Peeli taxi art unique to Mumbai, the Apple BKC creative includes colourful interpretations of the decals combined with many Apple products and services that will be available for our customers to discover, the iconic...

Five routes for foreign retail brands to enter India

Five routes foreign brands can take to enter India’s attractive yet complex brick-and-mortar retail market New Delhi: India allows 100% foreign direct investment (FDI) in e-commerce marketplaces. However, such companies are not allowed to stock and sell products on their...

International food event in Nov to showcase investment opportunities: Union minister Pashupati Kumar

Union Minister Pashupati Kumar Paras announced an international food event from November 3 to November 5New Delhi: An international food event will be organised during November 3-5 in the national capital to showcase investment opportunities in India's food processing sector,...

Startups will attract significant foreign direct investments in 2023: DPIIT Secy

The action plan for startups comprises 19 action items spanning across areas such as simplification and handholding; funding support and incentives; and industry-academia partnership and incubationNew Delhi: The country's startups will attract significant foreign direct investments (FDI) in 2023 on...

E-commerce firms bypassing foreign investment norms: Reliance to Govt

Billionaire Mukesh Ambani's Reliance Retail on Thursday told the government that complex legal structures have been used by some firms to bypass the country's e-commerce rules which from the very beginning do not allow foreign capital in the inventory-based model. At...

Some e-commerce firms violated FDI norms, as per complaints to Govt: Piyush Goyal

The government has received complaints against certain e-commerce companies alleging violation of foreign direct investment (FDI) policy and necessary actions have been taken for investigation by the Enforcement Directorate, Parliament was informed on Wednesday. In a written reply to...

CAIT alleges violation of e-commerce rules by e-commerce firms

Ahead of its 'Bharat Bandh' call on February 26, traders' body CAIT wrote to Prime Minister Narendra Modi raising issues related to the GST regime, and alleging violation of e-commerce rules by major e-tailers. In its letter to the prime minister, the...

Despite global slowdown, FDI growth story in India to continue into 2021

The high growth story of foreign direct investments into India will "go well" in the new year too as there is a growing interest among overseas investors about the country amid the government's continuing reform measures to further improve...

FDI in India rises to US$ 284 billion during 2014-19: Nirmala Sitharaman

Foreign direct investment (FDI) into the country has increased to US$ 284 billion during 2014-19, finance minister Nirmala Sitharaman said on Saturday while presenting the Union Budget for 2020-21. "India's FDI got elevated to the level of US$ 284 billion...
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Stanley Lifestyles IPO subscribed 1.43 times on day 1 of offer

The initial share sale received bids for 1,46,69,560 shares against 1,02,41,507 shares on offer, as per NSE dataNew Delhi:...
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