NRAI seek Clarity on Online Food Players FDI rule Tweak
According to the DIPP guidelines, 100% FDI is allowed in ecommerce marketplaces, which are platforms for buyers and sellers.
Emirati business tycoon plans to acquire Leela Hotels
Al-Habtoor has offered to make the investment through the FDI route and pay the entire debt of the lender institutions that could amount to about USD…
Amazon's food business at stake due to FDI guidelines
This will drastically affect Amazon as it was the only foreign retailer pledging investment in the food retail business that amounted up to USD 500…
Harsimrat Kaur Badal says FDI in food processing sector touches $1-billion mark this year
In 2017-2018, FDI in the food processing sector was $904.9 million.
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FDI in food processing grows 24% at $ 905 mn in 2018 Fiscal
The government had in July last approved American e-commerce major Amazon's proposed USD 500 million investment in retailing of food products in…
IKEA coming to India with Indian flavours
The company got govt approval for investing Rs 10,500 in the country in 2013. The planned 25 hyper stores will sell everything, from furniture to…
Harsimrat Kaur Badal takes up high GST rate on pickles, papad with Finance Ministry
The minister has also forwarded Coca-Cola India's demand not to include fizzy drinks in the 'sin' category under the GST
?Food processing minister asks Finance minister to keep food products in lowest tax bracket of 5%
The government had allowed 100% FDI in locally-produced and manufactured food products in a bid to encourage domestic industry and farmers, besides…
Food sector set for quantum jump in India, says Harsimrat Kaur Badal
Various measures taken by the NDA government had led to seven per cent growth in the food processing sector, she said.
Food-processing minister to take decision on allowing non-food items in FDI
The minister recently met ambassadors and high commissioners of various states inviting them to invest in the country.
Amazon wants to foray in food e-retail market with investment of USD500 million
Amazon currently operates an e-commerce marketplace and although India allows 100 per cent overseas capital in such platforms, these entities cannot…
Grofers seeks for government's approval for FDI in food trading
Union Minister Harsimrat Kaur Badal has said India's food processing industry is expected to treble in coming years on the back of a higher…
International dairy players are not ready to take a dig at the Indian market
Non-milking cattle goes to slaughter house, which is not the case in India. So it's a big challenge for global dairy companies that want to…
FDI in food processing will help sectors growth: Badal
NDA government has taken several initiatives to improve the condition of farmers such as the schemes relating to Fasal Bima Yojana, Organic Farming,…