"Intel Capital has an outstanding record of being a valuable partner for leading technology companies globally.3 billion Indians," Mukesh Ambani, Chairman and Managing Director of Reliance Industries, saidWendell Brooks, Intel Capital President, said that Jio Platforms focus on applying its impressive engineering capabilities to bring the power of low-cost digital services to China self adhesive vinyl Suppliers India aligns with Intels purpose of delivering breakthrough technology that enriches lives. We are therefore excited to work together with Intel to advance Indias capabilities in cutting-edge technologies that will empower all sectors of our economy and improve the quality of life of 1. Jio leads the India market with over 38.8 crore subscribers.91 lakh crore and an enterprise value of Rs 5.New Delhi: Electronic chip maker Intels investment arm, Intel Capital, will buy 0.45 crore.Intel Capital is 12th company to join the list of marquee firms who have recently invested in Jio Platforms, taking the total investment amount to Rs 1,17,588.39 per cent equity stake in Jio Platforms on a fully diluted basis," Reliance Industries and Jio Platforms said in a joint statement.50 crore, the company said on Friday.

Intel Capitals investment will translate into a 0.39 per cent stake in billionaire Mukesh Ambanis digital unit, Jio Platforms, for Rs 1,894.Jio Platforms, a wholly-owned subsidiary of Reliance Industries, also runs Reliance Jio telecom business."Intel Capital will invest Rs 1,894.50 crore in Jio Platforms at an equity value of Rs 4. Through this investment, we are excited to help fuel digital transformation in India, where Intel maintains an important presence," Brooks said."We believe digital access and data can transform business and society for the better..16 lakh crore

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At USD 64. Similarly, 49 per cent is permitted in broadcasting content services through government approval route.In single-brand retail trading (SBRT), the definition of 30 per cent local sourcing norm has been relaxed and online sales permitted without prior opening of brick and mortar stores. The government has put in place an investor-friendly policy on FDI, under which investment up to 100 per cent is permitted on the automatic route in most sectors/ activities.New Delhi: In a fresh round of FDI reforms, the government on Wednesday allowed 100 per cent foreign investment in coal mining and contract manufacturing, eased sourcing norms for single-brand retailers and approved 26 per cent overseas investment in digital media as it looks to boost economic growth from a five-year low.But, the decision is subject to provisions of Coal Mines (special provisions) Act, 2015 and the Mines and Minerals (development and regulation) Act, 1957.FDI is a major driver of economic growth and a source of non-debt finance for the economic development of the country.

In order to provide clarity on contract manufacturing, it has been decided to allow 100 per cent FDI under automatic route in contract manufacturing as well," the statement said.Goyal said decisions of the Cabinet on Wednesday are aimed to "liberalize and simplify the FDI policy to provide ease of doing Cotton Canvas Suppliers business in the country, leading to larger FDI inflows and thereby contributing to the growth of investment, income and employment".On Friday, Sitharaman had announced tax incentives and some reforms for various sectors in an effort to stimulate slowing economic growth.In the coal sector, now foreign players can invest 100 per cent for mining and sale of coal under automatic route.After rapidly expanding in last couple of years, Indias economic growth momentum has been slipping since the last 3-4 quarters.Further, the government permitted 26 per cent overseas investments through government approval route for uploading/ streaming of news and current affairs through digital media, on the lines of print media.In the print media sector, 26 per cent FDI is allowed through government approval route.. They will also be able to carry out other associated processing infrastructure related to the sector such as coal washery, crushing, coal handling, and separation (magnetic and non-magnetic).

These reforms have led to total FDI into India reaching USD 286 billion in five years from 2014-15 to 2018-19 as compared to USD 189 billion in the previous 5-years, he said.To pull out the economy from the current slump, the finance minister provided tax relief for foreign portfolio investors (FPIs) and startups coupled with targeted steps for the automobile sector and upfront support of Rs 70,000 crore to public sector banks aim to revive demand conditions."The changes in FDI policy will result in making India a more attractive FDI destination, leading to benefits of increased investments, employment, and growth," Commerce Minister Piyush Goyal told a media briefing after the meeting of the Union Cabinet.In the current policy, 100 per cent FDI is allowed under automatic route in manufacturing sector but it was silent on contract manufacturing.Goyal said that 100 per cent FDI in coal mining would help attract international players to create an efficient and competitive coal market. Clarity around this fast growing segment of the media industry will act as an enabler for capital infusion.As per the present FDI policy, 100 per cent overseas investments under automatic route was allowed for coal and lignite mining for captive consumption by power projects, iron and steel and cement units only.37 billion, FDI in 2018-19 is the highest ever investment received for any financial year."Online sales will lead to the creation of jobs in logistics, digital payments, customer care, training and product skilling," he added. Not only did GDP growth fall to a 20-quarter low of 5.The government also clarified that 100 per cent FDI is permitted for contract manufacturing.The present FDI policy is silent on the fast-growing digital media segment."FDI in digital media is a welcome development."Further, 100 per cent FDI under automatic route is also permitted for setting up coal processing plants like washeries subject to the condition that the company shall not do coal mining and shall not sell washed coal or sized coal from its coal processing plants in the open market and shall supply the washed or sized coal to those parties who are supplying raw coal to coal processing plants for washing or sizing," an official statement said.Coming within a week of Finance Minister Nirmala Sitharaman unveiling a raft of measures to boost growth, the Union Cabinet headed by Prime Minister Narendra Modi liberalised foreign direct investment (FDI) rules in the four sectors.8 per cent in January-March, telltale signs of distress are visible in sectors like NBFCs, automobile, real estate, and FMCG. Significant value will be unlocked going forward," Deloitte Partner Jehil Thakkar said

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