Page 16 - Fdi

Unicorns staring at fund woes, drop in valuation amid Covid-19 outbreak

Curbs on investment by Chinese investors a major roadblock

Outward FDI nearly halves to $3.39 billion in April, says RBI data

On sequential basis too, the outward investment from India in April was lower compared to USD 3.44 billion in March 2022

Disclosure norms on investments from neighbour nations tightened

This is alignment with the tweaked FDI policy of 2020 under the approval route to curb hostile takeovers

Govt amends FEMA rules to allow 20% foreign direct investment in LIC

The government has amended rules of the Foreign Exchange Management Act (FEMA), paving the way for up to 20 per cent foreign direct investment in the insurance behemoth LIC.

FDI likely to touch $100 billion in 2022-23: Industry chamber PHDCCI

India is expected to attract $100 billion foreign direct investment (FDI) in 2022-23 on the back of economic reforms and ease of doing business in recent years, industry chamber PHDCCI said

India conducive for FDI, is a critical market for us: CPP Investments CEO

The pension fund has invested in Byju's, Flipkart, ReNew Power and a number of InvITs. It invested C$128 million in NSE in FY21 and is currently exploring options in pharma and healthcare

Irdai may go for 100% FDI in 'new' insurance biz to expand scope of sector

In Budget FY21, Finance Minister Nirmala Sitharaman had announced raising the cap of FDI to 74 per cent for insurance companies with effect from August 2021

Chennai declared world's cheapest FDI location for electronics R&D

Chennai emerged as the cheapest location in top 100 electronics FDI destinations, with estimated annual operating costs of $1.24 mn for a 50-person R&D centre

Testing the tenacity of multinationals

Exiting from India is mostly part of the global strategy of the marquee firms to put their energies into more lucrative projects and deal with easier markets

India continues to remain highest receiver of FDI: FM Nirmala Sitharaman

India continues to remain the highest receiver of the FDI, finance minister Nirmala Sitaraman told Lok Sabha on Monday while replying to a question by Congress member Shashi Tharoor

India continues to remain highest receiver of FDI: FM in Lok Sabha

"We in the House should should stand up and appreciate the Indian retailer who has invested a lot of confidence in the markets today in India," the FM said

India got 65% more FDI during Modi regime against 10 years of UPA rule: FM

India remains in top 5 FDI recipient countries; FDI inflows 65% higher at $500.5 bn during Modi govt, says FM in Rajya Sabha

Rs 3,343 crore received as FDI in defence sector since 2014: Govt

To a separate question, Minister of State for Defence Ajay Bhatt said the "term 'Matryr' is not used in Indian Armed Forces"

FPI outflow shoots past Rs 1 trn in 2022 amid Ukraine, inflation concerns

The exodus of foreign investors was largely owing to inflationary pressures and deepening global macroeconomic conditions following the Russia-Ukraine war, experts said

Multinational e-commerce players violating FDI rules, alleges CAIT

Few multinational e-commerce entities with heavy arsenal of funding operating in India have attempted to flout the FDI norms, said CAIT.

Govt widens meaning of real estate business under FDI policy

It added that earning of rent/income on lease of a property, not amounting to transfer, will not amount to real estate business

Maharashtra saw drop in FDI inflow in 2021-22; Karnataka emerged on top

The FDI inflow in the state from April 2000 to September 2021 was Rs 9,59,746 crore, which was 28.2 per cent of the total FDI inflow of the country, the survey stated

India looking for mass EV technology to build in India, says Gadkari

India is looking for a electricity-based technology for mass rapid transportation that is cost effective and such as can be made in the country, Union minister Nitin Gadkari has said. The ministry plans to undertake the development of ropeways as an alternate transport solution in the hill and congested, urban areas. Rope ways, cable car and particularly I'm very much clearly interested to work on the technology of light rail transport, Gadkari, the Union Minister for Road Transport & Highways, said addressing a US audience here on Friday. Some of the US companies have also approached him with the technology, he said in his address on Rebuilding Infrastructure for India 2.0', a part of Reimagining India 2.0 series'. The series of dialogues a part of Silicon Valley monthly Dialogue (SVD) -- has been launched by the Foundation for India and Indian Diaspora Studies (FIIDS) on the occasion of India-at-75 Azadi Ka Amrit Mahotsav'. We are in search of the technology, which can be ...

FDI in IPO-bound LIC likely to open up fresh scope for disinvestment

NHAI & AAI, which are not registered as companies, also likely to benefit

Cabinet allows up to 20% FDI in IPO-bound LIC under automatic route

The existing FDI policy did not prescribe any specific provision for foreign investment in LIC, which is a statutory corporation established under LIC Act, 1956