Foreign Investments
500 high end companies of the World planning to invest in India In a recent development, the Government of India is planning to launch a systematic and well organized campaign promoting India to almost five hundred companies located all over the world. This decision has supplemented the efforts taken by the Prime Minister of India, [...] Continue Reading »
Foreign direct investment in the services sector rose marginally to $1.03 billion during the April-July period of the ongoing fiscal, according to the Department of Industrial Policy and Promotion data. The services sector, which includes banking, insurance, outsourcing, R&D, courier and technology testing, had received FDI worth $1.02 billion during the first four months of [...] Continue Reading »
Seeking to streamline the foreign investment regime, the commerce and industry ministry has proposed to introduce a composite cap which will include FDI (Foreign Direct Investment), FII (Foreign Institutional Investment) and other instruments in various sectors. In a draft cabinet note, which was circulated for inter-ministerial consultations, the DIPP (Department of Industrial Policy and Promotion) [...] Continue Reading »
