Tag Archives: DPIIT

The Department for Promotion of Industry and Internal Trade (DPIIT) has approved Hinduja Group company IIHL for the acquisition of debt-ridden Reliance Capital Limited. Sources have given this information. DPIIT’s approval was necessary because some shareholders of IndusInd International Holdings Limited (IIHL) are residents of Hong Kong, a special administrative …

FDI Rules: India has recently relaxed the Foreign Direct Investment (FDI) rules in the space sector. It is also expected that FDI rules may be relaxed in some other sectors when the new government comes to power. Rajesh Kumar Singh, Secretary, Department of Promotion of Industry and Internal Trade (DPIIT) …