Archive for the ‘FDI Regulations in India’ Category

US pitches for level playing field for its firms in foreign investment regulations of India on US President Barack Obama’s India visit

Comments Off | 11-8-2010

Ahead of US president Obama’s visit to India, the US voiced its concerns over Indian FDI regulations that it termed as opaque. In a summit organized before Obama arrives in the country, the Americans voiced their concerns for a level playing field and an atmosphere of genuine competition for its firms doing business in India.

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American based biotechnology company Life Technologies to acquire unit of its distributor firm Labindia

Comments Off | 11-3-2010

Life Technologies, the American based biotechnology company Tuesday reported it is to acquire a unit of its Indian distributor firm, Labindia through its wholly-owned Indian subsidiary Invitrogen BioServices India Pvt Ltd.
However, the amount involved in the transaction was not revealed. Labindia distributes the US firm’s products in India, and a statement from Life Technologies said

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Germany based DEG acquires a minority stake in India’s Ludhiana based Deepak Fasteners Ltd

Comments Off | 10-29-2010

The KfW Bankengruppe, based in Germany and considered one of Europe’s foremost development finance institutions announced that DEG, one of its member firm’s has acquired a minority stake in Deepak Fasteners Ltd. Based in Ludhiana, it is the largest manufacturer of specialty industrial fasteners and is promoted by the Kalra family.
DFL will utilize the fund

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India’s outward FDI into USA on the rise, creating 60,000 jobs in US and contributing $26.6 billion to US economy

Comments Off | 06-19-2010

In a joint study by the University of Maryland, India-US World Affairs Institute and the Federation of Indian Chambers of Commerce and Industry, India had increased outward FDI projects in the US. Over the last five year period, Indian FDI projects in the US created about 60,000 jobs with investments worth $26.6 billion in total.

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Foreign Direct Investment policy changes in India upset Japan Tobacco International

Comments Off | 06-3-2010

Japan Tobacco International is planning to take the Indian government to court over its policy changes on allowing FDI into the country. The company had proposed to infuse Rs 25 crore in its Indian JV but the Foreign Investment Promotion Board (FIPB) rejected it because the changed FDI policy bars foreign investment in cigarette manufacture.

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Walmart up for a mega investment into India as it lobbys hard with govts. to allow FDI in multi-brand Retail sector

Comments Off | 06-1-2010

Wal-Mart, the largest retailer in the world has solicited the support of the US government for entering the multi-billion dollar retail market in India where FDI regulations are a major setback to its entry. The world’s largest retailer is understood to be keen on investing in India but is yet to make a breakthrough as

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Indian Ministry releases draft paper for increased Foreign Direct Investment (FDI) into Retail and Defence sectors

Comments Off | 05-31-2010

The Indian Commerce and Industry Minister on Friday said that his Ministry will go ahead with the Foreign Direct Investment recommendations for the retail and defence sector in the country. A draft discussion paper of the industry department proposed to allow 51% FDI in the currently out of bound multi-brand retail sector, but with attached

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FDI regulations for companies over 50% foreign shares on Foreign Investment in India

Comments Off | 05-10-2010

The Indian government may ask companies that have less than 50% foreign equity to request approval from Foreign Investment Promotion Board before making any downstream investment. This new proposed regulation policy on foreign investments in India has been agreed on by the major stakeholders in India’s FDI regime. The regulation aims at putting such investments

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