FDI proposals
Investment sentiments of consumers in India might soon improve, as the government has given its consent to 25 proposed Foreign Direct Investments (FDI). While the FDIs are not going to be placed directly in the real estate market, they would, however, play an important role in reviving the country’s economy, imbuing similar effects on the [...] Continue Reading »
There is some good news for India’s entertainment and other industries as the government has cleared 19 foreign investment proposals, including that of Walt Disney Company and Reckitt Benckiser (India). This will pump in a total investment of Rs 2,326.72 crore into the Indian economy. However the government has not only cleared the FDI proposals, [...] Continue Reading »
Six FDI proposals with estimated investments of Rs. 551 crore, including Mauritius-based Destimoney Enterprise’s Rs. 489.99 crore proposal for subscribing to partly paid equity shares of PNB Housing Finance Ltd., have been cleared by FIPB. Amri India Pvt. Ltd.’s Rs. 59.95 crore proposal for a fresh and renewed investment of $ 10 million from its [...] Continue Reading »
In the first quarter of 2013-14, FDI or Foreign Direct Investment into the country saw a rise by eight percent, which amounted to USD 24.3 billion, says a source from the esteemed Department of Industrial Policy and Promotion (DIPP). The last fiscal of 2012-13 the aggregated details came up to USD 22.4 billion, and in [...] Continue Reading »
The Commerce and Industry Ministry has doubt regarding its proposal for easing FDI rules in railways and construction development sectors will get approval from the Election Commission. There are apprehensions that it may not be possible to attach the EC guidelines of not publicizing a decision taken by the Government while the model code of [...] Continue Reading »
