| PM opens door wider for foreign investment | 09-NOV-09 |
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| ‘In addition to FDI, we welcome portfolio investment in Indian companies,’ says Singh. Prime Minister Manmohan Singh today sent out a strong message on the need for further economic reform, particularly in the financial sector, and welcomed investment through qualified institutional investors in Indian companies. Stating that the country has been able to withstand the economic downturn, he said a gradual phase-out of the stimulus measures would take place next year. |
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| FII inflows to cross $10 bn-mark this month: Analysts | 20-SEP-09 |
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| Foreign investment in the Indian stock markets may cross $10 billion-mark by the end of this month as a hefty $9.8 billion (Rs 47,674 crore) have already been poured into the bourses by overseas entities so far this year, analysts feel. |
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| UAE may allow 100% ownership of businesses | 14-SEP-09 |
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| International companies would be allowed to hold 100 per cent ownership of businesses they set up in the United Arab Emirates under a new legislation aimed at boosting foreign investment. |
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| FDI up 56% as India beats recession blues | 10-SEP-09 |
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| India is back on the radar of global investors even in the midst of the global financial crisis, with 56 per cent year-on-year rise in inflows of foreign direct investment in July this year, an official said. |
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| FIPB rejects Cargill Capital's two-year extension plea | 13-AUG-09 |
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| Cargill Capital & Financial Services India faces revocation of its Non-Banking Financial Company (NBFC) status unless it brings in additional equity by September 2. The Foreign Investment Promotion Board (FIPB) has rejected its application for extension of the deadline to bring in $41.7 million as foreign direct investment from its Netherlands-based parent, Cargill Holdings BV. The company needs the money to meet the capitalisation norms. |
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| Raise FDI cap in defence to 49%: US firms | 21-JUL-09 |
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| The US India Business Council (USIBC), an advocacy group representing American companies doing business in India, has asked Prime Minister Manmohan Singh to increase the cap of Foreign Direct Investment (FDI) in the defense sector to 49 per cent. |
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| New mining policy may attract $5 bn overseas investment | 22-JUN-09 |
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| The domestic mining space has the potential to attract $5 billion foreign investment, but it is the policy and the rules governing the sector that will determine the flow of funds into the country, a top government official said. |
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