Page 15 - Latest Updates on FDI
Top 10 biz headlines: GST rates for 5-star hotels, oil crisis, and more
From rationalising GST rates for 5-star hotels to FDI in coal mining, here are the top 10 business headlines on Wednesday
 "Top 10 biz headlines: GST rates for 5-star hotels, oil crisis, and more")
IMF's 'Phantom FDI' destinations and the India connection
IMF study says investments in empty corporate shells in these nations by companies' hints at tax evasion
 "IMF's 'Phantom FDI' destinations and the India connection")
Unhappy over 100% FDI in coal mining, workers to go on strike on Sept 24
A day's strike can affect Coal India's production in the range of 1.5-2.5 million tonne
 "Unhappy over 100% FDI in coal mining, workers to go on strike on Sept 24")
FDI grows 28% to $16.33 bn in Q1 FY20; Singapore largest source: Govt data
Recently, the government relaxed foreign investment norms in sectors such as single-brand retail trading, coal mining and contract manufacturing
 "FDI grows 28% to $16.33 bn in Q1 FY20; Singapore largest source: Govt data")
Coal India gets jittery over 100% FDI, commercial mining in sector
Company officials are of the view that with these two developments, its largest consumer, NTPC may develop its own coal mining capabilities which in turn will result in reduced demand from it
 "Coal India gets jittery over 100% FDI, commercial mining in sector")
FDI reforms in single-brand retail a win-win for global firms: Deloitte
The move would also give a boost to the pillars of the Indian retail industry, says Deloitte
 "FDI reforms in single-brand retail a win-win for global firms: Deloitte")
A positive move
FDI policy should be supplemented with wider reforms
 "A positive move")
Best of BS Opinion: Seeking foreign partners, easing FDI norms and more
The most successful Indian firms are seeking out foreign partners, but this time the deals are qualitatively different
New FDI norms: Govt plans mega meet to fast-track Make in India
Telecom and IT minister Ravi Shankar Prasad has invited all stakeholders in the handset industry for a meeting next month to clear any doubts on the contract manufacturing policy, says sources
 "New FDI norms: Govt plans mega meet to fast-track Make in India")
Letters to BS: 100% FDI in commercial mining is good, executing it is key
The government failed to open the industry to competition, despite liberalisation of the economy years ago
Letters to BS: Cabinet's move to increase FDI could be a game-changer
The big stimulus could also help to considerably ease trade tensions between India and the US
 "Letters to BS: Cabinet's move to increase FDI could be a game-changer")
FDI norms eased for single brand retail, digital media, manufacturing
Exports to be factored in to meet 30% domestic sourcing norm
 "FDI norms eased for single brand retail, digital media, manufacturing")
Govt okays 100% FDI in contract mfg, eases rules for single brand retail
The Union Cabinet also approved 100% FDI under automatic route in coal mining and associated infrastructure
Govt to consider relaxing FDI norms in single brand retail on Wenesday
he present FDI policy is silent on the fast-growing digital media segment
 "Govt to consider relaxing FDI norms in single brand retail on Wenesday")
Govt may soon consider easing local sourcing for FDI in single-brand retail
Currently, online sale by a single-brand retail player is allowed only after opening of physical outlet
NDTV's Prannoy Roy, wife, former CEO booked for alleged FDI norms violation
It is alleged that the company floated 32 subsidiaries in several tax haven countries to bring foreign funds to India through sham transactions
 "NDTV's Prannoy Roy, wife, former CEO booked for alleged FDI norms violation")
Govt looks at eliminating FDI security gaps through scrutiny measures
Foreign investment in strategic sectors main worry
 "Govt looks at eliminating FDI security gaps through scrutiny measures")
India attracts highest-ever FDI inflow of $64.37-billion in FY19: Report
According to the Annual Report 2018-19 of the DPIIT, foreign direct investments (FDI) worth $286 billion were received in the country in past five years
 "India attracts highest-ever FDI inflow of $64.37-billion in FY19: Report")
Better business climate, trade norms will help India attract FDI: IMF
Further, the IMF has suggested for gradual liberalisation of portfolio investments, while monitoring risks of portfolio flow reversals
 "Better business climate, trade norms will help India attract FDI: IMF")
Goyal backs multi-brand FDI policy, says no changes in the offing
Britain's prime ministerial frontrunner Boris Johnson had recently expressed his disappointment at UK retailers like Sainsbury's and Waitrose not being able to set up base in India
 "Goyal backs multi-brand FDI policy, says no changes in the offing")
