Tag: Commerce and Industry Minister

Flipkart, Bharti Walmart under probe

Flipkart 150x150 Flipkart, Bharti Walmart under probeThe major FDI, E-commerce investors Flipkart and Bharti Walmart are under the charge of irregulating voilation act and for that a special investigation has been asked by the Enforcement Directorate.

Among the companies which are violating the Foreign Direct Investment (FDI) policy in retail market, the RBI has taken to Bharti Wal-Mart/Cedar Support Services Ltd and Flipkart Online Services, respectively. Read more

India will permit FDI from Pakistan

India Pakistan Trade 150x150 India will permit FDI from PakistanNeighboring nation, Pakistan and India are trying to tie up bilateral relations between them.

Earlier this month, Pakistan President Mr. Zardari visited here, made private discussion over several issues then and decided to have a meeting between both nations’ Financial Commerce Ministers.

Now for acting on their committing, India has took first move as offering helping hand to Pakistan by giving approval for foreign direct investment (FDI) from it. Read more

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