Tag Archives: FDI

India overtook China and became the leading destination for foreign direct investments (FDI) in the Asia Pacific Region in 2015, according to a report published in Financial Times. The Chinese economy has been slowing down since the last three years and global economic growth has felt the burnt. On the ...

Marking the first big FDI in the railway sector, the Indian Railways signed Rs 40,000-crore contracts with GE and Alstom to set up two locomotive plants in Bihar with a view to boosting manufacturing and employment in the state. Terming it as the “first major” manufacturing investment in Bihar, finance minister ...

The government is planning to do away with the process of awarding contract to lowest bidder while acquiring high-tech defence assets and instead entering into “strategic partnership” with Indian private firms in six critical sectors including missiles. The Defence Ministry has set up a high powered committee headed by former ...

News: The government has cleared 23 foreign direct investment proposals, including that of Catholic Syrian Bank and Bandhan Financial Services, amounting to Rs 10,378.9 crore. The investment proposals were approved after the recommendation for the same by the Foreign Investment Promotion Board (FIPB). FIPB has also cleared an investment proposal of Mylan ...

News: External Affairs Minister Sushma Swaraj said Modi visited 26 countries from June 2014 to July 2015 and all visits had a substantial economic component. “These efforts have helped in creating a positive image of India and, as a result, FDI equity inflows increased from USD 24.3 billion in financial ...

News: The proposals worth Rs 981.15 crore have been cleared by the Finance Ministry following recommendations for the same by the Foreign Investment Promotion Board (FIPB). Hathway Cable and Data Com Ltd has got approval for increasing foreign investment limit for FIIs and FPIs, among others under the portfolio investment ...