Search Results for: FDI norms

Amazon, Flipkart and others flouting FDI norms, say retailers while demanding ED probe

Most marketplace firms are selling to customers directly, without revealing if they inventoried goods or offered deep discounts using foreign funds.

May 12, 2016

India to complain on US' violations of WTO treaties

The U.S.'s initiatives, like renewable energy programmes and priority watch list, are inconsistent with many WTO agreements.

May 11, 2016

Green court raps Sri Sri Ravi Shankar for allegedly saying penalty was 'politically motivated'

Art of Living Foundation lawyer told IBT that the complaints were based on media reports.

May 10, 2016

RBI includes individuals as eligible promoters for the first time in draft norms for universal bank licences

The Reserve Bank of India (RBI) released the draft guidelines for issuing universal bank licences on continuous ("on tap") basis.

May 5, 2016

Govt removes restrictions on coal supply procedure

The govt aims to distance itself from managing the utilisation of coal and and to give freedom to private power producers.

May 5, 2016

Health activists slam US report which puts India on priority watch list for IPR protection

The U.S. report had said India's laws don't provide adequate protection of intellectual property rights to MNCs

May 4, 2016

India Inc. raised $4.27 billion in external commercial borrowings during March quarter

The amount raised under the automatic route was $3.73 billion, while the rest was via the approval route, according to RBI data.

Apr 30, 2016

ICICI Bank Q4 net profit plunges due to Rs. 6,926 crore provisioning

ICICI Bank's provisioning for bad loans includes exceptional provisioning of Rs. 3,600 crore, pulling its standalone net profit to Rs. 701.89 crore.

Apr 29, 2016

Papua New Guinea SC declares Australian detention centre for asylum seekers illegal

Australia will not be resettling any of the people at the detention center, Immigration and Border Protection Minister Peter Dutton said on Tuesday.

Apr 26, 2016

DGCA considers relaxing aircraft importing norms

Domestic carriers will now be able to import aircraft as much as 18 years old.

Apr 24, 2016

Apple will create 4,000 jobs with new Maps development office in Hyderabad

Govt may waive off local sourcing clause for Apple Stores in India

Apple might be exempted from 30 percent domestic sourcing norm to open stores in India, the Times of India reported.

Apr 22, 2016

Yamaha working on 100cc motorcycle, to be launched in 2017: Report

Yamaha is targeting sales of 12 lakh units in 2017, says a MotorOctane report.

Apr 20, 2016

Restrictions on PF withdrawal rolled back

The government announced a complete and unconditional roll-back of new withdrawal norms just hours after relaxing the rules till July 31.

Apr 20, 2016

Indians sent $4 billion for students studying overseas in FY16

This is approximately 187 percent more than $1.32 billion in outward remittances for educational purposes in 2014-15.

Apr 19, 2016

PF withdrawal norms put on hold till July

The move comes in the wake of workers protesting against withdrawal of employer's contribution to provident fund till retirement.