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FDI in defence News

27 Jun 2016

India's relaxation of foreign investment rules credit positive: Moody's

India`s decision to relax foreign direct investment in sectors including defence, aviation, and retail is a positive development for the country`s sovereign ratings, said Moody`s Investors Service on Monday.

20 Jun 2016

India now most open economy in world for FDI, says PM Modi

Prime Minister Narendra Modi hailed a sweeping liberalisation of rules on foreign direct investment on Monday, saying they would make Asia`s third-largest economy the most open in the world.

20 Jun 2016

Big boost for economy! Modi govt approves 100% FDI in defence, civil aviation, food and pharma sectors

With these changes, India is now the most open economy in the world for FDI, the government said.

10 Nov 2015

Govt relaxes norms for FDI in defence sector

As per the earlier FDI policy in the sector, foreign investment up to 49 percent was permitted under government approval route.

08 Dec 2014

RBI notifies new FDI policy for defence, railways infra

The Reserve Bank Monday notified the government's decision to increase foreign investment ceiling in defence sector and permitting 100 percent FDI in railways infrastructure.

07 Oct 2014

Government clears 33 long pending defence projects

Government has cleared 33 pending defence projects, including those of Reliance Aerospace, Bharat Forge, Mahindra Telephonic Integrated Systems and Tata Advanced Materials, a move that is expected to boost advanced manufacturing and attract huge investments.

26 Aug 2014

Govt notifies increase in FDI cap to 49% in defence sector

The government on Tuesday notified increase in foreign direct investment (FDI) limit to 49 percent through approval route in the defence sector.

25 Aug 2014

FDI in defence is wise decision, should be welcomed: Venkaiah

In order to reduce the dependence on import of defence equipment, the government decided to allow foreign direct investment in defence sector, Urban Development Minister M Venkaiah Naidu on Monday said here.

24 Aug 2014

Jaitley questions Mamata's Singapore trip

Defence Minister Arun Jaitley on Sunday questioned the inconsistency between West Bengal Chief Minister Mamata Banerjee's opposition to FDI in defence and her trip to Singapore to seek foreign investment.

Pipavav Defence

08 Aug 2014

Pipavav Defence mulling strategic tie up with European companies

Two days after the Narendra Modi led NDA-2 govt opened up the defence sector to FDI upto 49 percent, an Indian defence major is mulling a strategic tie up with some European defence manufacturing companies.

07 Aug 2014

India Inc lauds Modi govt's push for economic reforms

Industry bodies said the decisions will help attract much-needed capital, create jobs, encourage collaboration and benefit cash-starved SMEs.

07 Aug 2014

Defence firms pare early gains; down over 2% on profit-booking

Paring their initial gains, shares of defence equipment makers ended with losses Thursday, down more than 2 percent, mainly on profit-booking in an overall weak stock market.

FDI in railways

07 Aug 2014

Cabinet clears 100% FDI in Railways infrastructure, 49% in defence

The decisions were taken at the Cabinet meeting headed by Prime Minister Narendra Modi, sources said.

FDI in railways

06 Aug 2014

Cabinet approves FDI liberalisation in railways infra and defence

The Union Cabinet on Wednesday approved liberalisation of FDI in railways infrastructure and defence sectors.

24 Jul 2014

Profit not bad word, resources needed to service poor: FM

Referring to budget proposals, Finance Minister Arun Jaitley said the government has made efforts to help the middle class save and spend.

Union Budget 2014-15

10 Jul 2014

Defence firms shares slide amid FDI hike

DI in defence sector raised to 49 percent, Jaitley said while presenting the Budget for 2014-15.

US India Business Council

09 Jul 2014

USIBC seeks relaxation in FDI norms in insurance and defence

The US India Business Council (USIBC) has sought an increase in FDI cap in key sectors like insurance and defence in Modi government's maiden Budget to be presented on Wednesday.

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