Modi vows to end India status as top defence importer

The Indian Government has so far issued 251 Letters of Intents and industrial licences covering 150 companies till January 2015 for manufacture of defence equipment to public, private companies. 49 license companies covering 72 licenses have so ...

New Delhi, Feb 19 (IANS) Home Minister Rajnath Singh Thursday called upon Israel to take advantage of India's increased foreign direct investment (FDI) ceiling in the defence sector, and said there was a need for more collaboration between the two ...

The Department of Industrial Policy & Promotion (DIPP) has suggested the government allow a minimum of 49 per cent foreign direct investment (FDI) in consumer e-commerce and up to 100 per cent in defence. At present, FDI is barred in e-commerce companies ...

Foreign equity participation in the Company including FDI and Investment by any foriegn institutional investor through portfolio investment have been capped at 32.99 percent of the paid-up equity capital of the company, the filing said.

After assuming power, the NDA government has reviewed Foreign Direct Investment (FDI) policy for railways sector as well as defence. Government has permitted 100 percent FDI in railway infrastructure sector under the automatic route subject to conditions. In ...

Bengaluru, Feb 18 From being just sellers of defence equipment, foreign firms must evolve into strategic partners as India wants their technology, skills, systems integration and manufacturing strength, Prime Minister Narendra Modi said here ...

By extending fungibility of foreign direct investments (FDI) and foreign portfolio investments (FPI), the government has addressed the long pending issue of banks that has been left out so long, along with defence and exchanges.

Indian foreign minister Sushma Swaraj (pictured) and her Bahrain counterpart, Shaikh Khalid Bin Ahmed Bin Mohamed Al Khalifa, met on Monday. Photo: HT New Delhi: India and Bahrain have agreed to start talks on a pact cementing their defence ...

Prime Minister Narendra Modi and defence minister Manohar Parrikar at the inauguration of Aero India 2015 at the Yelahanka airbase in Bengaluru on Wednesday. Just six months after his government raised the foreign investment limit to 49% in ...