According to norms of the Department of Industrial Policy and Promotion, 100 per cent foreign direct investment has been allowed for single-brand retail. But manufacturers have to source at least 30 per cent of the goods’ value locally. Close on the heels Apple Inc Chief Executive Officer Tim Cook’s visit, the tech giant has got the green light to set up retail stores, but will have to source 30 per cent material locally, like everyone else. The Foreign Investment and Promotion ... Rediff.com, 1 month ago
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Apple CEO landed in Kanpur for IPL match as jet to Vizag was late; he also got to see Lucknow Apple chief executive officer Tim Cook’s visit to India, mixing plenty of leisure with work, has set off comparisons with other tech giants. Facebook founder Mark Zuckerberg’s trips to the country in 2014 and 2015 lasted for about two days. Microsoft chief Satya Nadella will come at the end of this month only for a day, the same as the duration of his previous official visit in November ...Rediff.com, 1 month ago The talent of Indians is unbelievable: Tim Cook Rediff.com, 1 month ago Cook may seek IPR shield to make in India Rediff.com, 1 month ago
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