foreign direct investment

Foreign Direct Investment In India Cross Rs 6.3 Lakh Crore Mark; FDI Inflow Sets New Record! India's inflow of foreign direct investment (FDI) hit an all-time high of over Rs 6 lakh crore in fiscal year 2021-22. Among top host…

The government will sell the entirety of its 52.98% stake in BPCL. The government will now allow 100% foreign investment in oil and gas PSUs under the automatic route. Expanded Scope This applies to oil and gas PSUs which have…

India Is 9th Largest Recipient Of FDI; Foreign Reserves Swell To $500 Billion, 1st Time Ever! When India claimed its Independence in 1947, we had just Rs 1500 crore with us. Now now, our foreign reserves are about to breach…

Entrepreneurs Won't Be Jailed For Corporate Offenses! Companies Act Will Be Changed To Decriminalize Offenses The Centre proposes to amend Companies Act, in order to decriminalise a number of offences and ease corporate social…

In a strongly worded statement, CAIT has accused ruling BJP party of shielding foreign firms and destroying Indian businesses. CAIT has joined forces with other associations of offline traders, and a formal complaint against Flipkart and…

As the excitement of Flipkart and Walmart deal is cooling down, reactions have started coming in from industry veterans, trade bodies, and even tax officials regarding this new development. While Paytm founder Vijay Shekhar Sharma has…

Idea and Vodafone have a combined workforce of 21,000 employees: Idea has 11,000 employees and Vodafone has 10,000 employees. Once the Idea-Vodafone merger happens, around 25% of the combined workforce or 5000 jobs shall become redundant,…

The US-based e-commerce major Amazon India has crossed the mark of 3 lakh sellers on their platform and has been able to achieve the feat in less than five years of its operations in the country. Also, Amazon has finally rolled out its food…

The year 2018 has started with a big-bang decision by the government allowing 100 percent FDI in the construction development sector via the automatic routes. That means foreign funding channels won’t be required to take government’s…

Big Basket is aggressively working to grow their user base and is eyeing 20 million customers by the end of 2020 from 8 million now. The company also plans to invest in technology to strengthen their customer service areas and the back-end…