FDI
India to woo European investors for FDI in textiles
In order to meet the government target to attract $6 billion of foreign direct investment (FDI) by 2015, the Textiles Ministry will set on mission to impress European investors.
While, an industry delegation, led by Textiles Minister Dayanidhi Maran will leave for a 9 day visit from October 26 to Switzerland, Italy and Turkey where the [...]
More FDI expected in Indian economy
The global economy is finally rising from the gloom, a year after the crumple of financial giant Lehman Brothers. In the same way, India’’s economy has also begun its slow but steady rise to growth. However, the Planning Commission said that is sees tough economic development in the second half which could push up the [...]
Govt sets up ”Invest India” to push for FDI
FDI into India is something that will help improve growth and offer jobs in the country however, in a new approach to attract investment a new non-profit company called Invest India will be setup to do precisely this and to showcase India as an attractive investment country through liberalizing, promoting and facilitating FDI in the [...]
Allow FDI in retail: Bharti
Organized retail has had to deal with with protests from small and pop stores but now it seems the big retailers are planning a new inclusive plan to stay the course. However, it is said that retail outlets have become common in most cities, but even as Indian retailers expand foreign investment in still barred [...]
RBI suggests Fin Min on determining FDI limits for banks
The Reserve Bank of India (RBI) has recommended to the finance ministry that foreign investment in local banks in the form of American depository receipts (ADRs), global depository receipts, foreign currency convertible bonds and any type of convertible warrants be excluded while calculating the foreign direct investment (FDI) limit for Indian banks.
However, the RBI feels [...]
Government approves 10 FDI proposals
The government is said to have approved 10 Foreign Direct Investment (FDI) proposals worth over Rs 1,123 crore of which a huge share is likely to be brought in by the Essel Group promoted direct-to-home service provider, Dish TV India which plans to issue convertible bonds to person’’s living outside India to raise up to [...]
