European Anti-Fraud Office (OLAF) Seizes Thousands of Fake Items

Operation Renegade halts thousands of potentially dangerous auto spare parts and other counterfeit goods Over 70,000 counterfeit auto spare parts, including grills, oil and air filters, and fuel pumps, along with 590 cylinders of CFC refrigerant commonly used in airconditioning and refrigeration systems were seized in a large-scale Joint Customs Operation coordinated by the European Anti-Fraud Office (OLAF). These fake items could not only be harmful to the environment, but also be potentially dangerous to…

"European Anti-Fraud Office (OLAF) Seizes Thousands of Fake Items"

Outreach programme on GST Organised by FIEO at Mumbai

June 24, 2017 The Federation of Indian Export Organizations (FIEO), set up by Ministry of Commerce, Government of India, organized an outreach programme in Mumbai All exports schemes to continue in Mid term review but within the discipline of GST: Ms Rita Teotia, Commerce Secretary While addressing the exporters during the Outreach Program on GST organised by FIEO at Mumbai, Ms Rita Teaotia, Commerce Secretary said that GST has continued to evolve over the last…

"Outreach programme on GST Organised by FIEO at Mumbai"

Export-Import Bank of India and The Export-Import Bank of Korea sign MoU

Export-Import Bank of India and The Export-Import Bank of Korea sign MoU to utilise the Export Credits of US Dollars Nine Billion for supporting priority sectors Mr. David Rasquinha, Managing Director (Additional Charge), Export-Import Bank of India and Mr. Jongku Choi, Chairman & President, The Export-Import Bank of Korea at the MOU signing ceremony on Wednesday, June 14, 2017 at Seoul, The Republic of Korea. The ceremony took place in presence of the Hon’ble Finance…

"Export-Import Bank of India and The Export-Import Bank of Korea sign MoU"

The abolition of the Foreign Investment Promotion Board (FIPB) approved

1. The proposal for abolition of the Foreign Investment Promotion Board (FIPB) has been approved by the Government. 2. The proposal, as approved by the Government, envisages the following: 2.1  Subsequent to the abolition of the FIPB, the work of granting government approval for foreign investment under the extant FDI Policy and FEMA Regulations, shall be entrusted to the concerned Administrative Ministries/Departments. The eleven notified sectors/activities requiring government approval with the concerned Administrative Ministry/ Department…

"The abolition of the Foreign Investment Promotion Board (FIPB) approved"

Details of Foreign Companies Registered During The Month (May 2017)

CIN F06204          HOLLAND AZIATISCHE HANDELSONDERNEMING B.V.               Liaison Office     SIYARAM YADAV & CO. CIVIL LINES, BISUNDERPUR, P.O. SADARMIRZAPUR – 231001 Wholesale of home textiles and carpets CIN F06205          KINDERNOTHILFE E.V     Liaison Office     No.64-C, Plot No.35, 5th Cross Street, Thiruvalluvar Nagar, Alandur Chennai – 600016 Kindernothilfe: Supporting children in need Kindernothilfe is a charity organization and was founded in 1959 by a group of Christians in Duisburg, Germany, in order to help needy children in India. Kindernothilfe…

"Details of Foreign Companies Registered During The Month (May 2017)"

NIRYAT BANDHU @ YOUR DESKTOP: An online certificate course on export import business

The Government of India had conceptualized the Niryat Bandhu Scheme, as a part of its Foreign Trade Policy, with the objective to reach out to the new and potential exporters and mentor them through orientation programs, counselling sessions and individual facilitation so that they can get into international trade. It is a significant initiative towards entrepreneurship development in the field of international trade with the objective of boosting exports. While a token allocation of Rs.…

"NIRYAT BANDHU @ YOUR DESKTOP: An online certificate course on export import business"

The European Chamber’s annual Business Confidence Survey Report 2017

European Companies Report Improved Financial Results, but Continued Doubts over China’s Reform Agenda Remain The European Chamber’s annual Business Confidence Survey reports that while many companies posted improved financial results in 2016, they continue to face the same longstanding market access barriers, and are not convinced that this situation will improve over the next five years. A successfully concluded EU-China Comprehensive Agreement on Investment (CAI) with a strong market opening component will be crucial for…

"The European Chamber’s annual Business Confidence Survey Report 2017"