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London Was The Top Choice For Indian Investors According To Last Year’s Report

London Was The Top Choice For Indian Investors According To Last Year’s Report

According to an analysis based on foreign investment data from the fiscal year 2018, London emerged as the top destination for Indian investors.  Investments by Indian companies in the British capital reached an all-time high as it was ahead of other attractive foreign direct investment cities such as Dubai and Singapore. With 52 foreign direct investment projects, the United Kingdom was just ahead of the United States (51) and UAE (32), in 2018 said London & Partners (L&P), the Mayor…

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E-Commerce FDI Norms Put An End To Great Deals For Online Shoppers

E-Commerce FDI Norms Put An End To Great Deals For Online Shoppers

A change in foreign direct investment norms and guidelines for the e-commerce sector led big market players dominating the market like Flipkart and Amazon to reassess their affiliations with brands and sellers. A survey conducted by Local Circles of over 10,500 customers, spread across 60 cities, 50 per cent of shoppers said that they felt the discounts offered by online shopping websites had come down after the change on February 1. Price was not the only factor that witnesses a…

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Proposed FDI Hike To Drive Up M&A Deals

Proposed FDI Hike To Drive Up M&A Deals

In her maiden budget, Finance Minister Nirmala Sitharaman announced reforms in FDI policies in order to encourage foreign investments in India. This proposed hike is expected to benefit the M&A sector as existing overseas investors would look to raise their stakes in their Indian joint venture companies. Sitharaman is her Budget speech said that the government is contemplating to further open up foreign direct investments in aviation, media (including animation, visual effects, gaming, and comics) and the insurance sector. Apart…

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India Received an FDI of 1.81 Billion Dollars from China During April 2014-2019: Piyush Goyal

India Received an FDI of 1.81 Billion Dollars from China During April 2014-2019: Piyush Goyal

India has received foreign direct investment of USD 1.81 billion from China during the period of April 2014 to April 2019. Sectors receiving the highest foreign investment equity inflows from China during this period include the automobile industry with USD 876.73 million, electrical equipment with USD 152.5 million, and services sector with inflows amounting to USD 127 million. These figures were provided by the Commerce and Industry Minister Piyush Goyal in a written reply to the Rajya Sabha. According to…

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Finance Minister proposes facilitating FDI policies to spur economy in Budget 2019

Finance Minister proposes facilitating FDI policies to spur economy in Budget 2019

Nirmala Sitharaman presented the first budget of Modi 2.0 government. She became the second female Finance Minister after Indira Gandhi to present the budget today. Finance Minister Nirmala Sitharaman, presenting her first Union Budget on Friday said that the government will consider further liberalizing foreign direct investment in aviation, media, animation, and the insurance sector in consultation with stakeholders. In her speech she announced that the government will allow 100 per cent foreign direct investment for insurance intermediaries, while also…

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