Fema / RBI : Explore the intricacies of Foreign Direct Investment (FDI) in India, from regulatory frameworks to setting up business operations....
Fema / RBI : A detailed analysis of Foreign Direct Investment (FDI) regulations in India for Real Estate and Hotel Business under the FDI Polic...
Fema / RBI : Form FCGPR is mandatorily required to be filed within 30 days of bonus issue allotment. In this article, we shall study about the ...
Fema / RBI : Explore the recent amendment in India's FDI Policy for the space sector, its rationale, and implications. Learn about the increase...
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Corporate Law : CBI registers a case against a Delhi-based private company and its Director for alleged violations of FCRA provisions, involving u...
Corporate Law : Government has implemented several legislative and policy measures for e-commerce keeping in mind the retailers. Some of these mea...
Corporate Law : Government has put in place a liberal and transparent policy for attracting Foreign Direct Investment (FDI), wherein most sectors,...
Fema / RBI : Confederation of All India Traders (CAIT) has requested Minister of Commerce and Industry, Shri Piyush Goyal for strict action a...
Fema / RBI : Explore the amendments in India's FDI Policy for the Space Sector through Press Note No. 1 (2024 Series). Details on sectoral caps...
Corporate Law : Government of India announces an extension of the Industrial License validity to 15 years for ease of doing business. Read the gui...
Fema / RBI : Review of FDI Policy for permitting foreign investment in Life Insurance Corporation of India (LIC) and other modifications for fu...
Corporate Law : Confederation of All India Traders has requested to Shri Piyush Goyal Hon’ble Minister for Commerce & Consumer Affairs t...
Fema / RBI : Government of India has reviewed the extant FDI policy on Telecom sector and has made the following amendment under the Consolidat...
Review of the policy on Foreign Direct Investment (FDI) in Multi-Branded Retail Trading Cabinet Decision The Union Cabinet today approved the proposal for amendment in the existing FDI policy in Multi-Brand Retail Trading (MBRT) in para 6.2.16.5(1) (iii), (iv) and (vi) of ‘Circular 1 of 2013 – Consolidated FDI Policy. a) Amendment in para 6.2.16.5(1) […]
CLARIFICATION ON QUERIES OF PROSPECTIVE INVESTORS/ STAKEHOLDERS ON FDI POLICY FOR MULTI-BRAND RETAIL TRADING (Paragraph 6.2.16.5 of ‘Circular 1 of 2013-Consolidated FDI Policy’) Following issues are under consideration: i. Sourcing restriction amongst ‘group companies’. ii. Requirement of 50% investment in ‘backend infrastructure’ within three years of the first tranche of FDI. iii. Requirement of 30% […]
After passing of 51% FDI in multi- brand retail in Lok Sabha, many big foreign players in retail sector have got the entry to extend their business operations in one of the world’s largest consumption driven economy.
The Supreme Court today refused to interfere with the policy on FDI in retail, saying that if it does not stand in Parliament then it would be at government’s peril. A Bench of Justices R.M. Lodha and A.R. Dave said that the policy making is the sole prerogative of the executive and refused to direct the government to place it in Parliament.
I am speaking to you tonight to explain the reasons for some important economic policy decisions the government has recently taken. Some political parties have opposed them. You have a right to know the truth about why we have taken these decisions.
The Government today notified the cabinet/CCEA decisions on FDI in single brand retail, multi brand retail, civil aviation, broadcasting sector and power exchanges. The decisions were taken in the Cabinet and CCEA meetings on September 14, 2012.
As per extant policy, FDI, up to 100%, under the automatic route, is permitted in the power sector (except atomic energy). This includes generation, transmission and distribution of electricity, as well as power trading, subject to the provisions of the Electricity Act, 2003.
As per extant policy, the foreign investment (FI) limits, in companies operating in the Broadcasting Sector, are set out in paragraph 6.2.7 of ‘Circular 1 of 2012 – Consolidated FDI Policy’, issued by the Department of Industrial Policy and Promotion (DIPP), on 10.4.2012.
Press Note No. 6 (2012 Series), (a) Air Transport Services would include Domestic Scheduled Passenger Airlines; Non-Scheduled Air Transport Services, helicopter and seaplane services. (b) No foreign airlines would be allowed to participate directly or indirectly in the equity of an Air Transport Undertaking engaged in operating Scheduled and Non-Scheduled Air Transport Services except Cargo airlines. (c) Foreign airlines are allowed to participate in the equity of companies operating Cargo airlines, helicopter and seaplane services.
Press Note No. 5 (2012 Series), Foreign Direct Investment (FDI) is prohibited in retail trading, except in single-brand product retail trading, in which FDI, up to 100%, is permitted, under the Government route, subject to specified conditions.