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Tags : "Foreign Direct Investment"

Govt permits up to 74 pc FDI under automatic route

NEW DELHI: The government has permitted foreign direct investment (FDI) of up to 74 per cent under automatic route in the defence sector with a view to attracting overseas investors, according to a press note issued by the DPIIT on Thursday. However, foreign investments in the defence sector would be subject to scrutiny on the […]Read More

Govt considering to permit FDI for LLPs in construction development

New Delhi: The government is considering a proposal to permit foreign direct investment (FDI) in limited liability partnership (LLP) firms engaged in construction development with a view to attracting overseas fund inflows, sources said. At present, FDI is permitted under the automatic route in LLPs that are operating in sectors where 100 per cent foreign […]Read More

India may allow low threshold for beneficial owner under the

The lower limit will ensure that while small and financial investments will not face scrutiny, significant investments from China and other countries covered by the new regime will face checks. Synopsis On April 18, India tightened its FDI policy for countries with which it shares a land border, putting investments from them on the approval […]Read More

Firms from countries sharing land border with India can’t bid

The move follows border tensions between India and China in which 20 Indian soldiers were killed. India had in April made prior government clearance mandatory for all Chinese foreign direct investment. SynopsisThe move largely directed at Chinese companies makes prior registration with Competent Authority mandatory for any bidder from these countries before they apply for […]Read More

Industry calls for 100% automatic FDI in satellites

Kolkata: Global satellite builders and communications service providers have called on finance minister Nirmala Sitharaman to allow 100% foreign direct investment (FDI) through the automatic route to attract billions of dollars into the space/satellite broadband sectors from the likes of Amazon, Elon Musk’s rocket engine maker SpaceX, Hughes and Telesat, among others. All FDI proposals […]Read More

Defence Sector Reforms: How to balance operational necessities with indigenisation

By Lt Gen Anil Ahuja (Retd) Paving way for `Atma Nirbharta’ (self-reliance) in defence sector, Finance Minister Nirmala Sitharaman, on May 16, 2020, announced policy and structural reforms, which include : gradual banning of imports of select weapon systems ; corporatisation of Ordnance factories; enhancement of Foreign Direct Investment in defence sector on automatic route; […]Read More

What India should do after the Coronavirus lockdown ends

By Sanjaya Baru From statements made by Prime Minister Narendra Modi and his Cabinet colleagues, it would seem that a fiscally constrained government may try to play the larger economic role expected of it in a post-lockdown context by reverting to greater inward-orientation. In an unlikely echo of Mahatma Gandhi’s ideal and idyll of ‘gram […]Read More

View: With more open trade and investment policies, India could

By Vikram Nehru Covid-19 is a dark cloud that has suddenly descended on humanity. But even the darkest clouds have silver linings. Indeed, the Chinese word for crisis, ‘weiji’, signifies danger as well as opportunity. The Black Death of Europe in the 1300s, pre-19th century cholera epidemics, and the Spanish flu pandemic in 1918-19 not […]Read More

FDI policy does not restrict market access: Officials

New Delhi: Refuting China’s accusation that India’s revised foreign direct investment (FDI) policy is discriminatory, officials have said that the revision neither restricts market access nor national treatment— the two tenets of global trade-—and is not violative of any rules of the World Trade Organization (WTO). India, on Saturday, made its prior approval mandatory for […]Read More