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Category: FDI

Saudi Aramco Brings Highest FDI In India By Taking 20% In Reliance’s Refinery

Saudi Aramco Brings Highest FDI In India By Taking 20% In Reliance’s Refinery

Reliance Industries chairman Mukesh Ambani recently announced a deal with the oil giant Saudi Aramco. He termed this deal as one of the largest foreign direct investments in the country till date. Saudi Aramco, which is officially the Saudi Arabian Oil Company, is a Saudi Arabian national petroleum and natural gas company based in Dhahran. By revenue, it is one of the largest companies in the world and is also said to be the most profitable company in the world….

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Government May Allow 100% FDI In Contract Manufacturing: Reports

Government May Allow 100% FDI In Contract Manufacturing: Reports

The government of India is contemplating to permit a 100 per cent foreign direct investment in contract manufacturing in order to give a boost to manufacturing in the country and to attract more foreign investments, sources said. As per existing foreign direct investment norms and policies, 100 per cent FDI is permitted under the automatic route in the manufacturing sector. Apart from this, a manufacturer, without any prior approval from the government is also allowed to sell products that are…

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India Received Highest-Ever FDI Worth 64.37 Billion Dollars In Fiscal Year 2019

India Received Highest-Ever FDI Worth 64.37 Billion Dollars In Fiscal Year 2019

According to the annual report released by the Department for Promotion of Industry and Internal Trade (DPIIT), India received foreign direct investments worth USD 286 billion in the past five years. A government report said that the country received its highest-ever overseas investment equity inflows, which amounted to a total of USD 64.37 billion during the fiscal year ended in March 2019. LatestChandrayaan-2PhotosLifestyleNewslettersImmersivesStocksLifestyle & Banking Swasth India India Received Highest-Ever FDI Worth $ 64.37 Billion in FY19Domestic Demand, Output Boost…

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Singtel Likely To Raise Stake In Bharti Telecom

Singtel Likely To Raise Stake In Bharti Telecom

In a move that will result in the reclassification of Bharti Telecom as a ‘foreign’ investor, Singtel is likely to raise its exiting stake in Bharti Telecom to beyond 50 per cent. This step will transform the holding company into a foreign-owned entity and, subsequently, take overseas ownership in the mobile operator to over 85 per cent. Currently, the 41 per cent equity stake of Bharti Telecom in Bharti Airtel is classified as ‘domestic’ shareholding as the majority of the…

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Ways In Which Foreign Direct Investment Can Be Done

Ways In Which Foreign Direct Investment Can Be Done

Foreign direct investment is an investment by a foreign entity into the business of another country. Typically it is characterized by a notion of direct control. FDI in India is a significant factor for economic development. Not only does it facilitate economic growth but it also leads to an inflow of new technology, managerial expertise, employment opportunities, improved infrastructure, and new ideas. Mainly, foreign direct investment can be done in the exampled ways outlined below. Facilities Imagine an Australian technology…

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