ENQUIRY


E-Commerce Regulator To Hear Your Complaints

E-Commerce Regulator To Hear Your Complaints

Consumers have been met with a reassuring announcement by the Parliament as they passed the Consumer Protection Bill 2019. This Bill will control the market as it paves the way for a regulator that could haul up e-commerce companies such as Walmart owned Flipkart, Amazon or Myntra if they influence pricing, unfairly promote products or distort the quality of good and services sold on their platforms. The regulator, which will be called the Central Consumer Protection Authority (CCPA), will be…

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Singtel Likely To Raise Stake In Bharti Telecom

Singtel Likely To Raise Stake In Bharti Telecom

In a move that will result in the reclassification of Bharti Telecom as a ‘foreign’ investor, Singtel is likely to raise its exiting stake in Bharti Telecom to beyond 50 per cent. This step will transform the holding company into a foreign-owned entity and, subsequently, take overseas ownership in the mobile operator to over 85 per cent. Currently, the 41 per cent equity stake of Bharti Telecom in Bharti Airtel is classified as ‘domestic’ shareholding as the majority of the…

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Ways In Which Foreign Direct Investment Can Be Done

Ways In Which Foreign Direct Investment Can Be Done

Foreign direct investment is an investment by a foreign entity into the business of another country. Typically it is characterized by a notion of direct control. FDI in India is a significant factor for economic development. Not only does it facilitate economic growth but it also leads to an inflow of new technology, managerial expertise, employment opportunities, improved infrastructure, and new ideas. Mainly, foreign direct investment can be done in the exampled ways outlined below. Facilities Imagine an Australian technology…

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Shopclues Under ED Probe For Potential FDI Violations

Shopclues Under ED Probe For Potential FDI Violations

ShopClues, the Gurugram-based company has come under the radar of the Enforcement Directorate for the way it has raised funds through the US based holding company- Clues Network Inc. The firm is in need of a buyer to avoid collapse. The Enforcement Directorate (ED) has been investigating ShopClues for a potential violation of rules and regulations that come under the Foreign Exchange Management Act (FEMA) since the last two years. The first notice by the ED was sent to the…

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Who Introduced FDI In India?

Who Introduced FDI In India?

Foreign direct investment is an investment made by an entity living outside the country where the investment is being made by either buying a company there or expanding its business in the domestic country. Foreign direct equity inflows are significant drivers of economic growth and are generally preferred over other means of external finance because FDI inflows do not create debt, are non-volatile and their returns depend on the performance of the projects financed by the foreign investors. FDI, apart…

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