Removing FIPB may lead to liberalising of defence production

01 Feb 2017

1

Atul Pandey, associate partner, Khaitan & Co

''In the budget, the FM announced that the FIPB may be abolished. Since in the defence sector any FDI beyond 49% requires government approval, it appears that either this sector will be further liberalised by allowing 100% FDI in the automatic route or the nodal ministry (ie ministry of defencde) will process and decide any application for approval of an FDI in excess of 49%. We need to wait for the roadmap ahead''.

 

Latest articles

N Srinivasan resigns as CEO and MD of India Cements as Aditya Birla Group takes control

 N Srinivasan resigns as CEO and MD of India Cements as Aditya Birla Group takes control

MSME exports nearly quadruple in 5 years to Rs12.39 lakh crore

 MSME exports nearly quadruple in 5 years to Rs12.39 lakh crore

New Trai framework ensures traceability of SMS

 New Trai framework ensures traceability of SMS

Amantya Technologies to develop carrier-grade 5G SA Core with DoT funding

 Amantya Technologies to develop carrier-grade 5G SA Core with DoT funding

UK develops low-cost radio frequency weapon system to neutralise UAV swarms

 UK develops low-cost radio frequency weapon system to neutralise UAV swarms

India adds 15 GW renewable capacity in April-November, aims at 500 GW by 2030

 India adds 15 GW renewable capacity in April-November, aims at 500 GW by 2030

Adani Defence acquires MRO Air Works for Rs400 crore

 Adani Defence acquires MRO Air Works for Rs400 crore

Honda, Nissan and Mitsubishi Motors sign MoU on collaboration

 Honda, Nissan and Mitsubishi Motors sign MoU on collaboration

EU approves Nvidia's $700 million deal to acquire Run:ai

 EU approves Nvidia's $700 million deal to acquire Run:ai

Featured articles

The remarkable Ratan Tata

The remarkable Ratan Tata

By Kiron Kasbekar | 23 Oct 2024

One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.

Lighter than air, yet very, very powerful

Lighter than air, yet very, very powerful

By Kiron Kasbekar | 03 Jan 2024

In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!

COP28 explained: A closer look at COP28's climate change solutions

COP28 explained: A closer look at COP28's climate change solutions

By Aniket Gupta | 27 Dec 2023

The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.

What is a Ponzi scheme?

What is a Ponzi scheme?

By Aniket Gupta | 06 Dec 2023

Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.

The Rise and Rise of HDFC Bank

The Rise and Rise of HDFC Bank

03 Jul 2023

HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp

India’s Millet Revolution To Enrich Global Food Basket

India’s Millet Revolution To Enrich Global Food Basket

02 Apr 2023

Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent 

Market predator Hindenburg preys on Adani stock

Market predator Hindenburg preys on Adani stock

06 Mar 2023

Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

History of hovercraft Part 3 | Industry study | Business History

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

History of hovercraft Part 2 | Industry study | Business History

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

History of Hovercraft Part 1 | Industry study | Business History

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

History of Trams in India | Industry study | Business History

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers

Latest articles

N Srinivasan resigns as CEO and MD of India Cements as Aditya Birla Group takes control

 N Srinivasan resigns as CEO and MD of India Cements as Aditya Birla Group takes control

MSME exports nearly quadruple in 5 years to Rs12.39 lakh crore

 MSME exports nearly quadruple in 5 years to Rs12.39 lakh crore

New Trai framework ensures traceability of SMS

 New Trai framework ensures traceability of SMS

Amantya Technologies to develop carrier-grade 5G SA Core with DoT funding

 Amantya Technologies to develop carrier-grade 5G SA Core with DoT funding

UK develops low-cost radio frequency weapon system to neutralise UAV swarms

 UK develops low-cost radio frequency weapon system to neutralise UAV swarms

India adds 15 GW renewable capacity in April-November, aims at 500 GW by 2030

 India adds 15 GW renewable capacity in April-November, aims at 500 GW by 2030

Adani Defence acquires MRO Air Works for Rs400 crore

 Adani Defence acquires MRO Air Works for Rs400 crore

Honda, Nissan and Mitsubishi Motors sign MoU on collaboration

 Honda, Nissan and Mitsubishi Motors sign MoU on collaboration

EU approves Nvidia's $700 million deal to acquire Run:ai

 EU approves Nvidia's $700 million deal to acquire Run:ai