Foreign Direct Investment

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Amrapali cheated homebuyers, SC asks NBCC to finish their projects
Business

Amrapali cheated homebuyers, SC asks NBCC to finish their projects

Giving a major relief to nearly 42,000 homebuyers, the Supreme Court on Tuesday ordered state-run National Buildings Construction Corporation (NBCC) to complete unfinished flats of the embattled real-estate group Amrapali.
India will become $3 trillion economy in 2019: Nirmala Sitharaman
Business

India will become $3 trillion economy in 2019: Nirmala Sitharaman

In her maiden budget speech, Finance Minister Nirmala Sitharaman said India will become a $3 trillion economy in 2019 itself.
Worried Flipkart wants six-month delay in implementing new e-commerce rules
Business

Worried Flipkart wants six-month delay in implementing new e-commerce rules

American retail giant Walmart-owned Flipkart has written to the government that it faces "the risk of significant customer disruption" if the deadline for implementing the new e-commerce curbs, which could cause huge disruption in the space, isn't extended by six months.
India attracted $22bn of FDI in first-half of 2018: UN
World

India attracted $22bn of FDI in first-half of 2018: UN

India attracted $22 billion of FDI (foreign direct investment) flows in the first half of 2018, according to a UN report.
Business Roundup: Here are today's top 5 business news
Business

Business Roundup: Here are today's top 5 business news

Today the business space remained rocked up with a lot of happenings.
Government may allow 100% FDI in banking: Report
Business

Government may allow 100% FDI in banking: Report

After allowing 100% FDI (Foreign Direct Investment) in aviation, single-brand retail, and construction, the Centre is now considering to hike the FDI limit in the banking sector to 100%.
India invites Israeli companies to take advantage of FDI regime
World

India invites Israeli companies to take advantage of FDI regime

At an India-Israel business summit, PM Narendra Modi invited Israeli companies to "take advantage of the liberal FDI" in India, especially in defense.
Center approves 100% FDI in single-brand retail under automatic route
Business

Center approves 100% FDI in single-brand retail under automatic route

The government has approved 100% Foreign Direct Investment (FDI) in single-brand retail and construction development without government approval and relaxed norms for other sectors, including aviation.
Foreign airlines can invest up to 49% in Air India
Business

Foreign airlines can invest up to 49% in Air India

Earlier, a parliamentary panel advised the government to defer Air India's (AI) privatization. They urged them to give 5yrs for AI's revival.

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