Business Law - Corporate Law Reporter

Consolidated Foreign Direct Investment Policy Circular of 2016 – inviting comments from stakeholders

Department of Industrial Policy & Promotion issued a 'Consolidated FDI Policy Circular (Circular 1 of 2010)' on 31/03/2010, compiling all the information on FDI policy at one place. The Circular subsumed all the earlier Press Notes/ Press Releases/ Clarifications regarding Government's policy on FDI, issued by the Department from time to time. Subsequently, Circulars were… Read More

Make In India Policy

What is ‘Make in India’ program? The Make in India program is an initiative launched to encourage companies to increase manufacturing in India. This not only includes attracting overseas companies to set up shop in India, but also encouraging domestic companies to increase production within the country. Make in India aims at increasing the GDP… Read More

Request for Qualification (RFQ) Cum Request for Proposal (RFP) for Selection of IT Application Development Agency for Start-Up India, Stand-Up India

Government of India intends to launch Start-up India, Stand-up India‘ initiative to create a strong eco-system for fostering innovation and start-ups in the country. This will require an environment which will enable individuals and smaller companies, including start-ups and SMEs to grow through innovation and design. To know the complete Proposal, please click on the… Read More

Amendment of Trade Marks Rules, 2002 – Extension of time limit for receiving suggestions

The draft Rules to further amend the Trade Mark Rules, 2002 which the Central Government proposes to make in exercise of the powers conferred by Section 157 of the Trade Mark Act, 1999 ( 47 0f 1999), were published on 17th November, 2015 for information of all persons likely to be affected, inviting objections or… Read More

Appointment of Digital Amplification & Social Analytics agency for ‘Start-up India, Stand-up India’ for Department of Industrial Policy and Promotion

Government of India intends to launch _Start-up India, Stand-up India‘ initiative to create a strong eco-system for fostering innovation and start-ups in the country. This will require an environment which will enable individuals and smaller companies, including start-ups and SMEs to grow through innovation and design. Department of Industrial Policy and Promotion, Ministry of Commerce… Read More

DIPP releases Press Note No. 12(2015 Series) dated: 24th November, 2015 for FDI policy on various sectors

The Department Of Industrial Policy & Promotion(DIPP) Government of India has reviewed the extant FDI policy on various sectors and made following amendments in the Consolidated FDI Policy Circular of 2015 (FDI Policy), effective from May 12, 2015, and as amended from time to time. To view Press Note No. 12(2015 Series) dated: 24th November, 2015, please click… Read More

Reviewed FDI regulations allow single-brand retail companies to go Ecommerce

Single-brand retail companies wanting to sell on Ecommerce platforms will be able to do so only if they have a licence for setting up physical outlets, according to revised foreign direct investment regulations. Any brand entering India will have to apply for a licence to set up stores and once it secures the licence, it… Read More

Clarification on FDI Policy on Single Brand Retail Trading

Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion Clarification on FDI Policy on Single Brand Retail Trading (as contained at para 6.2.16.3 of Consolidated FDI Policy Circular of 2015) Issue Clarification/ Comment Can the brand owner or non-resident entity/entities undertake single brand retail trading of the specific brand through… Read More

Review of Foreign Direct Investment (FDI) policy on various sectors

Today, India is the fastest growing economy among major Nations. The World Bank has improved India's ranking by 12 places in the 2016 Study of Ease of Doing Business. FDI has gone up by 40%. Several Global Institutions have projected India as the leading destination for FDI in the World. IMF has branded India as… Read More

India heading towards excellence in terms of FDI inflows

The recent survey ranks India as the 'most attractive market' -- Economic fundamentals stand strong, and global interest is on a steady upswing. The election of a pro-reform Government and its various initiatives - Make in India, Digital India and 100 Smart Cities. The survey says India has emerged as the number one FDI destination… Read More

CAIT complains commerce ministry for violation of FDI norms by E- commerce firms

CLR Note: The Confederation of the All India Traders Association has alleged that e-commerce firms are violating FDI norms by holding the festive sales and these companies solicit general public which tantamounts to retail trading and FDI is strictly prohibited in the reatil trading format. Traders body CAIT has alleged that e-commerce firms such as… Read More

Streamlining the Procedure for Grant of Industrial Licenses

Government of India Ministry of Commerce and Industry Department of Industry Policy & Promotion Udyog Bhavan, New Delhi Press Note No. 10 (2015 series) STREAMLINING THE PROCEDURE FOR GRANT OF INDUSTRIAL LICENSES The initial validity of Industrial License for Defence Sector, as per Press Note 5 (2015 series), is presently seven years, further extendable up to… Read More

Review of the existing Foreign Direct Investment policy on Partly Paid Shares and Warrants

CLR NOTES Analysis of Press Release No. 9 issued by Department of Industrial Policy & Promotion The department of Industrial Policy and Promotion has issued a Press Release No. 9 dated 16th September, 2015 for amending clause 2.1.5 of the FDI Policy. Earlier, clause 2.1.5 read as follows: ˜Capital™ means equity shares; fully, compulsorily & mandatorily… Read More