If scarcity of bank finance is feared to affect Corporate India’s investment activities in the current year, there is another development which may prove equally damaging. Read the rest of this entry »
NRI billionaire Anil Agarwal-led Vedanta Group will pump in a whopping Rs 70,000 crore in India by 2011-12, a stride that will make it
the world’s fifth largest metal and mining entity rubbing shoulders with the likes of BHP Billiton and Rio Tinto. Read the rest of this entry »
The Vavasi Group announced signing up of a memorandum of understanding (MoU) with the Rajasthan Government towards setting up of a new silicon manufacturing complex in Rajasthan at an investment of 7 billion euros (Rs 45,000 cr). Read the rest of this entry »
The Indian Government has proposed to invest up to Rs.2,500 crore and expects the private players to pump in similar amount for promoting innovation in pharma sector, reports media. Read the rest of this entry »
The flip-flops in the latest Foreign Direct Investment (FDI) guidelines, and the confusions created by the Press Notes which followed, display the discomfort of Indian regulators in dealing with offshore multi-layered investments, with demons of drug money, tax evasion and round tripping lurking in all corners. Read the rest of this entry »
India’s Foreign Direct Investments from Indians abroad rose in the current fiscal year despite the global recession, the PTI reported quoting the Overseas Indian Affairs Minister, Vayalar Ravi in the Lok Sabha. Read the rest of this entry »
The Indian government could be poised to open the door to foreign direct investment (FDI) in the country, in a move that could have huge ramifications for the ambitions of companies, including Tesco and Wal-Mart, in the burgeoning Indian economy. Read the rest of this entry »
Notwithstanding the global financial crisis, India recorded a 45 per cent growth in Foreign Direct Investment by receiving USD 23.3 billion between April and December 2008 over the same period in the previous year. Read the rest of this entry »
Every sector of the Indian economy has effectively been thrown open to foreign investment, thanks to the revised norms for computation of foreign holding in an Indian company issued by the government on Friday.
For example, organised multi-brand retail, hitherto forbidden territory for foreign investors, now stands prised open. Source
Foreign investors, the most influential investor group in the Indian market, have reduced their holdings in Indian companies drastically
in the last four quarters and are back to their December 2003 holding levels. Read the rest of this entry »
