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Govt may soon ban FDI in cigarette manufacturing

The commerce and industry ministry has recommended a ban on foreign direct investment in cigarette manufacturing and allied products involving tobacco, an official said. "We have sent the note to......

Stop 'treaty shopping' denials for FDI, says FIPB

The Foreign Investment Promotion Board has pulled up the department of revenue for rejecting all foreign direct investment proposals in which funds are routed through Mauritius and said it has......

Review on FDI in cigarette industry soon

The Department of Industrial Policy and Promotion (DIPP) under the Ministry of Commerce has called a meeting on July 10 to discuss the foreign direct investment (FDI) policy in the cigarette......

Tobacco FDI attracts global lobby

International governments and global tobacco players from Switzerland, Japan and the US have come together to lobby against a government move to ban Foreign Direct Investment in tobacco. India......

Cut tobacco FDI to 74%: DIPP

The Department of Industrial Policy and Promotion in the Commerce Ministry proposes to scale back the Foreign Direct Investment ceiling for the tobacco industry from 100 to 74 per cent and insert a......

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