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.

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

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

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.
The

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.

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

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

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