51 Fdi

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  India Received $64 Billion FDI In 2020, Fifth Largest In World: UN

  The report said in India, FDI increased 27 per cent to $64 billion in 2020 from $51 billion in 2019, pushed up by acquisitions in the information and communication technology (ICT) industry.

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  With $51 Billion, India Ninth Largest Recipient Of FDI In 2019: United Nations Trade Body

  In 2019, FDI flows to the region declined 5 per cent to $474 billion, despite gains in South- East Asia, China and India.

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  FDI In India Reaches Record $51 Billion In 11 Months Of FY16

  The FDI numbers reflects that the government has been able to create a suitable climate in which the foreign investors feel confident that interest are protected.

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  Xiaomi Seeks Exemption From Local Sourcing Norms

  In respect of proposals involving FDI beyond 51 per cent, sourcing of 30 per cent of the value of goods purchased will be from India, preferably from MSMEs, village and cottage industries, artisans and craftsmen, in all sectors.

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  Traders Ask Government to Annul 51% FDI in Multi-Brand Retail

  Confederation of All India Traders (CAIT) said the recent contradictory statements of Union Finance Minister Arun Jaitley and Commerce Minister Nirmala Sithraman on FDI retail notification, has created confusion in the trading community.

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  Government Retains 51% FDI in Multi-Brand Retail, Which BJP Had Opposed

  The BJP-led central government has retained the previous UPA regime's decision allowing foreign retailers to open multi-brand stores with 51 per cent ownership, a consolidated FDI policy document released on Tuesday shows.

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  Government Retains 51% FDI in Multi-Brand Retail

  The latest edition of the annual FDI document also incorporates all policy changes effected over the past one year, including by the Modi government in sectors like defence, insurance and railways.

• Government Not to Allow FDI in Multi-Brand Retail: Commerce Minister

  The UPA government had opened the multi-brand retail sector for foreign investment and allowed up to 51 per cent FDI in the sector. The BJP had opposed the policy.

• Industry Minister cancels meeting with Walmart chief: report

  Bharti Enterprises and Walmart had said on October 9 that they are ending their six-year partnership and going their separate ways to operate in the Indian retail sector. The two companies joined hands in 2007 and started their first wholesale store in Amritsar in May 2009. After the government allowed 51 per cent foreign direct investment in multi...

• Wal-Mart resumes US lobbying on FDI in India

  Wal-Mart has also been requesting the Indian government to further relax norms for FDI in multi-brand retail business, where 51 per cent foreign equity was allowed last year despite opposition by various political parties.

• Tata-Singapore Airlines joint venture to always remain under Indian control

  The new venture, proposed to be called Tata SIA Airlines Ltd, would have Tata Sons as the majority partner with 51 per cent stake, while Singapore Airlines would hold 49 per cent stake with $49 million of foreign direct investment (FDI).

• FDI in retail debate: Roll back FDI or you will be rolled back, JD(U) warns Government

  How will Mulayam Singh Yadav vote this evening on the BJP's motion opposing the government's decision to allow 51 per cent foreign direct investment in multi-brand retail? The Samajwadi Party chief argued against the government's policy in the Lok Sabha yesterday and the party says it will either vote FDI in retail or abstain. The government's floo...

• FDI in retail debate: Govt made no attempt at consensus, says BJP

  The Lok Sabha is debating the government's decision to allow 51 per cent Foreign Direct Investment or FDI in multi-brand retail, a move that the BJP says will see big supermarket chains like Walmart "swallow small retailers" through predatory pricing. The government has said the opposition is exaggerating the evils of FDI in retail. The discussion ...

• India may attract $3 billion FDI in 5 years in multi-brand retail: Crisil

  The country is likely to attract foreign direct investment (FDI) to the tune of $2.5-3 billion in the next five years if the decision to allow 51 percent foreign stake in multi-brand retail is implemented, a top official of rating agency CRISIL said here today.

• FDI decision helped Rupee bounce back: RBI Deputy Governor

  India's decision to allow 51 per cent FDI in multi-brand retail has improved the market sentiment and helped the rupee to rebound, RBI Deputy Governor Anand Sinha said today.