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Featured Articles   -   Indian Overseas Investment

IIFCO sets eyes on Canada for urea plant

Monday, Jul 02, 2012

Scarcity of raw materials such as rock phosphate, phosphoric acid and natural gas is prompting fertilizer companies to scout for overseas JVs.

DIPP may amend single brand retail norms

Monday, Jun 04, 2012

The Department of Industrial Policy and Promotion (DIPP) may review FDI norms in single brand retail as the move has not led to foreign brands to come rushing in India.

Sahara India ventures into Bangladesh's Housing sector

Monday, Jun 04, 2012

Sahara India has signed an MoU with the Ministry of Housing and Public Works (MOPW) of Bangladesh Government for a satellite township project.

Tata Steel to upgrade facilities in Wales

Monday, May 07, 2012

Tata Steel Europe, the European subsidiary of Tata Steel, is planning to upgrade its steel plants in Wales. The company is likely to invest up to $1.3 billion (approx Rs. 6,669 crore) over the next five years to upgrade its steel plants.

FIPB nod to 22 FDI proposals worth Rs. 586 crore

Monday, May 07, 2012

The government accorded approval to Shantha Biotechnics' proposal of Rs. 514 crore to increase its foreign equity in brownfield pharmaceutical sector to carry out the activities of research, development, manufacturing and marketing of bio-tech products an

Sesa Goa to pump in funds

Monday, Apr 09, 2012

Sesa Goa, in order to consolidate its iron ore business, has announced investment of $2.6 billion (approx Rs 12,870 crore) in its Liberian iron ore assets.

RBI relaxes FDI norms for Indians

Monday, Apr 09, 2012

During March 2012, the Reserve Bank of India (RBI) announced few revisions aimed at liberalising the norms for direct investment abroad by Indian residents.

FIPB nod to Pharma FDI conditions

Monday, Mar 12, 2012

The FIPB has consented to some of the rigid norms proposed by the Ministry of Health for multinational pharmaceutical companies trying to acquire the Indian firms.

CEAT to venture in Bangladesh tyre market

Monday, Mar 12, 2012

In early February 2012, CEAT, announced its plans to foray in Bangladesh. The company intends to set up a tyre manufacturing plant in Bangladesh at an investment of Rs 250 crore by 2015.

Bhilwara Energy ties up funds for maiden overseas venture in Hydro Space

Monday, Feb 13, 2012

In January 2012, Bhilwara Energy Limited (BEL) achieved financial closure for its 120 MW Likhu IV hydro electric Project in Nepal. While the total capital requirement of the project is Rs 1,020 crore, BEL raised Rs 663 crore from a consortium of Indian an

Green Signal for 100 per cent FDI in Single Brand Retail

Monday, Feb 13, 2012

The Union Government, on 10 January 2012, notified 100 per cent FDI in single-brand retail under the government approval route thus paving way for global chains like Adidas, Louis Vuitton and Gucci to have full ownership of their India operations.

Aditya Birla plans TURKISH FORAY

Monday, Jan 09, 2012

The Aditya Birla Group is venturing in Turkey with its proposed viscose staple fibre (VSF) plant with an investment of Rs 2,650 crore. With this, the Group will have pulp and fibre operations in seven countries.

SAIL, Oman Oil team up for a steel plant

Monday, Dec 12, 2011

SAIL has signed an MoU with Oman Oil Company to jointly set up three million tpa gas based steel plant in Oman at an investment of Rs 15,000 crore. The final agreement to this effect is likely to be signed soon.

FDI in multi-brand retail

Monday, Dec 12, 2011

In November 2011, the Union Ministry of Finance gave its concurrence to the draft Cabinet note of the DIPP on allowing FDI in the multi-brand retail sector in India.

FDI in Aviation might take off

Monday, Nov 14, 2011

The Union Government is likely to introduce changes in the FDI norms for the domestic aviation sector, which may allow foreign airlines to acquire a minority stake in domestic airlines.

NALCO en route for Aluminium Smelter Plant in Indonesia

Monday, Nov 14, 2011

Indonesia is slowly becoming a sought after destination among Indian business houses. A number of Indian players like the Tatas Reliance Power and the Adani Group have invested in the country in various projects.

GVK Power acquires majority stake in Australia's Hancock coal mines

Monday, Oct 17, 2011

Anumber of Indian energy companies are scouting for overseas coal assets. As the local supplies are falling short, the companies are looking at Australia, Indonesia and Africa to secure coal supplies for their power project back home.

Government relaxes FDI NORMS

Monday, Oct 10, 2011

The Union Government has released the fourth edition - Circular 2 of 2011 of the consolidated FDI policy document. The government has introduced some significant changes in this edition, including permission for overseas investment in beekeeping, share-pl

GMR to pick up stake in PT Golden Energy Mines Tbk

Monday, Sep 12, 2011

Indian Companies are making a beeline to secure coal assets abroad in order to ensure continuous fuel supplies to their power projects back home. During August 2011, the GMR Group and GVK Power & Infrastructure announced two such acquisitions.

GMR Infra achieves financial closure for Singapore POWER PROJECT

Monday, Aug 08, 2011

GMR Infrastructure has moved a step closer in strengthening its presence in power sector in Singapore. The company's Singaporean arm, GMR Energy (Singapore) Pte has tied up debt for it 800 MW power project at the Jurong Island in Singapore.

Stage set for FDI in Retail

Monday, Aug 08, 2011

In July 2011, the Union Government's Committee of Secretaries (CoS) gave in-principle approval to the proposal to allow up to 51 per cent FDI in multibrand retail.

FDI in Multi Brand Retail Trading

Monday, Aug 08, 2011

Finally, FDI in multi-brand retail will be a reality! The Government took a giant step in July 2011 towards opening this sector with the Committee of Secretaries (CoS) giving an in-principle nod to allow FDI up to 51 per cent.

Indian companies commit $43.9 bln

Monday, Jul 11, 2011

Tata Steel, world's seventh largest steel maker, has initiated steps to fulfil the iron ore requirement of its European facilities.

FDI inflows on an upward journey

Monday, Jul 11, 2011

FDI inflows in India have touched $4.66 billion (approx Rs 20,970 crore) in May 2011 which is a second highest monthly FDI received in the country since 2000.

MPSEZ acquires Abbot Point Port

Monday, Jun 06, 2011

Mundra Port and Special Economic Zone (MPSEZ) has acquired Abbot Point Port in Australia in an all cash deal for Australian $1.8 billion (approx Rs 9,000 crore).

DIPP to tweak FDI norms

Monday, Jun 06, 2011

The DIPP is mulling to remove the mandatory CCEA nod for FDI above Rs 1,200 crore, thus encourage more foreign investment in the country.

PSL's Second Pipe Mill in Sharjah by May

Monday, Apr 11, 2011

PSL is likely to operationalise its Second Pipe Mill in Hamriyah Free Trade Zone (FTZ), Sharjah in May 2011. The mill will have a capacity to manufacture 75,000 tpa taking the total pipe production capacity to 1,50,000 tpa in West Asia through its subsidi

Relaxed norms to give fillip to FDI

Monday, Apr 11, 2011

The DIPP has relaxed FDI norms in order to enhance the dwindling share of FDI in India and has permitted companies to prescribe a formula for transforming convertible instruments (such as debentures, partly paid shares and preferential shares, among other

Reliance, BP deal to bring in Rs 32,760 cr of FDI

Monday, Mar 14, 2011

The month of February 2011 saw a massive single FDI deal struck between Reliance Industries (RIL) and UK's BP Plc.

IOC mulls refinery in Turkey

Monday, Mar 14, 2011

IOC is mulling to set up a refinery in Turkey. IOC may pump in $5 billion (approx Rs 22,750 crore) in setting up the refinery for which feasibility work is being carried out.

Foreign Direct Investment

Monday, Feb 14, 2011

In January 2011, the Union Ministry of Finance on recommendations of the FIPB, ratified 19 FDI proposals amounting to Rs 4,340.77 crore.

Indian Investment Abroad

Monday, Feb 14, 2011

BHEL is mulling to set up an assembling facility in Indonesia. The company is in the advanced stage of negotiations with the Indonesia

FDI inflows on a decline

Monday, Jan 10, 2011

The declining trend in the FDI inflows in India continued in November 2010.

Tata Chemicals acquires British Salt

Monday, Jan 10, 2011

Tata Chemical's UK subsidiary Brunner Mond on 20 December 2010 signed a binding agreement to acquire 100 per cent stake in British Salt.

Thirteen FDI proposals okayed

Monday, Dec 13, 2010

The Union Ministry of Finance on 3 November 2010, on the recommendations of the FIPB, cleared 13 proposals of FDI amounting to Rs. 1,710.63 crore.

India to provide funds to Nepal for road projects

Monday, Dec 13, 2010

The Union Government is likely to provide funds for road projects in Nepal to help improve transport infrastructure.

India in deal with Syria for fertiliser plant

Monday, Nov 08, 2010

The Government of India has entered into an agreement with the Syrian Government.

NHPC to submit report on Myanmar projects

Monday, Oct 11, 2010

NHPC plans to submit a report on proposed power projects in Myanmar to the Union Ministry of External Affairs by October 2010.

Lanco, Bukit eye power project in Indonesia

Monday, Sep 13, 2010

Lanco Infratech has joined hands with Bukit Asam, the Indonesia based coal mining company.

Breather for FDI-funded companies on the anvil

Monday, Aug 09, 2010

The Union Government is likely to ease norms governing investments by Indian companies having FDI, allowing them to invest internally generated funds in subsidiaries without prior approval.

Nakoda acquires polyester plant in South Korea

Monday, Aug 09, 2010

Nakoda Textiles has acquired South Korea based Kyunghan Industry Company in a deal worth $40 million (approx Rs 186 crore).

Venky's setting up poultry feed plant in Vietnam

Monday, Jul 12, 2010

Venkateshwara Hatcheries (Venky's) has entered into the south east Asian market by setting up a poultry feed manufacturing facility in the Tay Ninh Province of Vietnam with total investment of Rs 150 crore.

Venky's setting up poultry feed plant in Vietnam

Monday, Jul 12, 2010

Venkateshwara Hatcheries (Venky's) has entered into the south east Asian market by setting up a poultry feed manufacturing facility in the Tay Ninh Province of Vietnam with total investment of Rs 150 crore.

FDI in Cash and Carry trade may be tweaked

Sunday, Jul 11, 2010

As the Union Government is working towards releasing a discussion paper on FDI in retail trade, DIPP has initiated an exercise to amend the FDI policy for wholesale trading, also known as cash-&-carry trading. The move is aimed at sprucing up the country'

Indian Investment Abroad

Monday, Jun 14, 2010

NCC to revive Dubai development plan Nagarjuna Construction Company (NCC) is likely to go ahead with its twin tower project NCC Harmony in Dubai.

Tougher FDI rules on the anvil

Monday, Jun 14, 2010

The Union Government is mulling over a proposal to set up a new oversight body to ensure that companies with foreign holdings will not invest in sectors in which FDI is currently prohibited.

Site selected for India, Bangladesh power venture

Monday, May 10, 2010

A joint technical team of the Bangladesh Power Development Board (BPDB) and NTPC has selected a site near the southwest Mongla Port at Khulna in Bangladesh for setting up of a proposed 1,310 MW coal based power plant as a JV between Bangladesh and India.

Curtains down for FDI in Tobacco

Monday, May 10, 2010

The CCEA on 8 April 2010 banned fresh FDI in cigarette manufacturing, thus putting an end to a much-debated issue. The CCEA decision has now put cigarette manufacturing activity in the list of activities prohibited for FDI.

Dr Reddy's alcohol facility in Mexico goes on stream

Monday, Apr 12, 2010

Dr Reddy's Laboratories (DRL), on 17 March 2010, commissioned the commercial scale manufacturing facility for pharma grade mPEG alcohols at its Cuernavaca facility in Mexico.

Consolidated FDI policy unveiled

Monday, Apr 12, 2010

In a bid to simplify the Foreign Direct Investment policy the Union Commerce and Industry Ministry on 1 April 2010 unveiled a comprehensive policy document that consolidates all policies on foreign direct investment, including as many as 178 Press Notes i

FDI Regime to be simplified

Monday, Mar 08, 2010

Emphasising the need of higher Foreign Direct Investment (FDI) to meet the increased need of Infrastructure projects, the Finance Minister in his latest Budget stated that the Union Government is planning to take series of steps to simplify the FDI regime

India, Bangladesh ink deal for power project, transmission link

Monday, Mar 08, 2010

The Union Government on 20 February 2010 signed a deal with the Bangladesh Government to jointly set up a 1,320 MW coal based power project in Bangladesh and a cross-border transmission link.

Growth streak continues

Monday, Feb 08, 2010

Second time in succession, FDI inflows into India registered upward growth on Y-o-Y basis. In November 2009, FDI inflows posted a vigorous Y-o- Y rise of 60 per cent with $1.7 billion against $1.08 billion in the corresponding month of 2008.

India in pact with Bangladesh for trade, infrastructure

Monday, Feb 08, 2010

On 11 January 2010, the Indian and the Bangladesh Government signed an MoU on cooperation in the power sector. Besides, the government has announced a $1 billion (approx Rs 4,500 crore) line of credit for Bangladesh.

In 2009, India was a hot FDI destination

Monday, Jan 11, 2010

As per the 'World Investment Prospects Survey 2009-2011' released by the United Nations Conference on Trade and Development (UNCTAD) in 2009, India ranked third in global FDI inflows.

During 2009, Indian companies investment abroad

Monday, Jan 11, 2010

Shree Renuka Sugars acquired in November 2009 a sugar and ethanol producer Vale Do Ivai S.A. Acucar E Alcool (VDI) in Brazil for $82 million (approx Rs 377.2 crore).

Further relaxation of FDI norms

Monday, Dec 14, 2009

India aims to attract FDIs worth $50 billion (approx Rs 2,31,800 crore) by 2012 and cross the $100 bln mark by 2017.

NALCO drops South Africa project; puts Iran project on hold

Monday, Dec 14, 2009

NALCO has shelved its proposed project in South Africa while its project in Iran has been put on hold. The company had planned a Rs 17,000-crore project in South Africa to set up a five lakh tonne aluminium smelter plant and a 1,250 MW power plant.

FDI Inflows cross $100 billion mark

Monday, Nov 09, 2009

In the backdrop of the announcement made by the UN body UNCTAD, that global FDI will shrink by 30 pc in 2009, India has something to cheer! The month of July saw the total FDI inflows into India since 2000 cross the $100 billion mark.

Stone laid for phosphoric acid plant in Jordan

Monday, Nov 09, 2009

King Abdullah II, the ruler of Jordan, laid the foundation stone on 3 October 2009, for the phosphoric acid plant at Eshidiya in Jordan entailing a cost of $625 million (approx Rs 2,968.75 crore).

Karuturi Global invites EoIs for sugar mill in Ethiopia

Monday, Oct 12, 2009

Karuturi Global, an end-to-end agriculture company, has invited EoIs from a single entity or multiple entity consortiums for implementing its proposed 6,000 tccpd sugar mill expandable to 7,500 tccpd in Ethiopia with a captive sugarcane plantation of 10,0

Invest India - An Union Government initiative to attract more FDI

Monday, Oct 12, 2009

Foreign Direct Investment (FDI) inflows into India staged a remarkable increase of 56 per cent on y-o-y basis in July 2009.

FDI in June records eight per cent growth

Monday, Sep 14, 2009

According to the data released by the Department of Industrial Policy & Promotion (DIPP), India, received Foreign Direct Investment (FDI) worth $2.58 billion (approx Rs 12,606 crore) in June 2009.

Emami Biotech to take up plantation project in Ethiopia

Monday, Sep 14, 2009

Emami Biotech intends to invest Rs 400 crore in a plantation project in Oromia, Ethiopia, within five to six years.

Bhutan welcomes Indian investment

Monday, Aug 10, 2009

The Bhutan Government has invited Indian investments in hydroelectric power generation, information and communication technology, hospitality, education and health sectors as part of its economic liberalisation programme, which is under preparation.

India third in FDI ranking

Monday, Aug 10, 2009

Is per the Department of Industrial Policy & Promotion, in May 2009, India received $2.2 billion (approx Rs 10,615 crore) FDI as compared to $3.9 billion (approx Rs 18,817.5 crore) FDI received in May 2008 indicating a fall of 43 per cent.

India plans major investment in Ethiopia

Monday, Jul 13, 2009

India plans to infuse $4.2 billion (approx Rs 20,160 crore) in 439 projects in Ethiopia. Indian entrepreneurs have reportedly received licences from the Ethiopian authorities to invest in various projects in the country.

FDI Inflows – Knockdown effect of global financial meltdown

Monday, Jun 08, 2009

The latest data released by the Department of Industrial Promotion & Policy indicate that during the fiscal 2008-09, India received a total FDI of US$ 27.31 billion.

JSL shelves JV project in Indonesia

Monday, Jun 08, 2009

$1.2-billion (approx Rs 5,640 crore) JV project with PT Antam TBK in Indonesia. JSL had entered into a JV with PT Antam last year to build a 20,000- tonne ferro-nickel plant and 3-lakh-tonne stainless steel slab unit in the country.

Essar Steel to commence production from Minnesota plant by 2011

Monday, May 11, 2009

Essar Steel Minnesota LLC, part of Essar Steel Holdings, is likely to commence production from its proposed $1.1 billion (approx Rs 5,504.4 crore) steel plant Phase I at Minnesota, USA, by 2011.

FDI inflows 2009-10: Outlook positive

Monday, May 11, 2009

According to the data released by the government, FDI inflows fell for the fourth time in the last five months to February 2009.

FDI inflows record 65 per cent growth

Monday, Apr 13, 2009

In March 2009, the Foreign Investment Promotion Board (FIPB) cleared 45 proposals worth Rs 1,658.995 crore. These proposals were ratified by the Finance Ministry in two tranches.

Binani Cement to sign deal with Indonesian coal mine soon

Monday, Apr 13, 2009

Binani Cement is in the final stage of striking a deal with an Indonesian coal block for long-term mining rights. The coal block will provide the company with six million tpa of coal reserve.

GMR Energy acquires Indonesian coal company

Monday, Mar 09, 2009

GMR Energy, a wholly owned subsidiary of GMR Infrastructure, has reportedly acquired Indonesian coal company PT Barasentosa Lestari for $80 million (around Rs.400 crore).

Overseas oil and gas projects lure Indian companies

Monday, Feb 09, 2009

Jindal Petroleum (JPL), a subsidiary of Jindal Steel & Power, has shown interest in exploring and producing oil and gas in four blocks in Georgia, for which, it signed production sharing contracts with the government of the Democratic Republic of Georgia.

FIPB clears 77 FDI proposals in January 2009

Monday, Feb 09, 2009

During January 2009, the Foreign Investment Promotion Board (FIPB) cleared 77 proposals worth Rs 3,643.64 crore.

Mining and exploration continue to attract India’s investment

Monday, Jan 12, 2009

ONGC Videsh (OVL) is soon likely to sign a concession agreement for oil block - Block 8 in Western Dessert of Iraq, awarded to it by the erstwhile Saddam Hussein regime.

Agreement soon likely on India-Sri Lanka link

Thursday, Dec 11, 2008

The Sri Lankan and Indian governments are likely to soon sign an MoU for the Rs.1,000 crore undersea transmission link project, to be implemented by Power Grid Corporation of India.

72 FDI proposals cleared in October - November 2008

Monday, Dec 08, 2008

In order to attract maximum foreign investments in India, plans are on to liberalise FDI norms and relax existing regulations.

Consumer and Industrial sectors equally excite investments

Monday, Nov 10, 2008

Dabur India is likely to begin production of personal care products at its new plant in Ras-al- Khaimah in the United Arab Emirates, by December 2008.

India feels heat of global meltdown

Monday, Nov 10, 2008

The growing global slowdown as a result of the US financial crisis is expected to shrink India's FDI inflow target fixed for 2008-09, by around US$10 billion.

India listed second amongst global FDI destinations

Monday, Oct 13, 2008

In September 2008, the Foreign Investment Promotion Board (FIPB) cleared 29 FDI proposals worth Rs.3,258.97 crore. These proposals were ratified by the Finance Ministry in two phases.

Major companies scout for exploration projects

Monday, Oct 13, 2008

Oil & Natural Gas Corporation (ONGC) now seems reluctant to allow Norway's Statoil Hydro to increase its stake in KG-DWN-98/2 offshore block beyond 20 per cent, as was originally agreed.

33 FDI proposals cleared in August’08

Monday, Sep 08, 2008

During the month of August 2008, the Union Finance Minister, Mr. P Chidambaram sanctioned approvals in two interavls, for 33 proposals, involving FDI amounting to Rs.1,047.57 crore.

Tata intends to, while Apollo has scrapped project plans

Monday, Sep 08, 2008

The Tata Group has written a letter to the executive chairman of the Bangladesh government's Board of Investment, expressing its intention to scrap the $3 billion steel, power and fertiliser project in Bangladesh, as the government has failed to assure na

Ministry approves 42 proposals

Monday, Aug 11, 2008

Sn July 2008, 42 proposals involving FDI worth Rs.1,682 crore were added to India's FDI register, as the Union Finance Ministry accorded its approvals on them, in two installments.

Multi-National' investments by with Indian companies

Monday, Aug 11, 2008

ONGC Videsh (OVL) is one amongst 41 global oil corporations, shortlisted by the Iraq government to develop oil fields in the country.

India received record FDI in 2007-08

Monday, Jun 09, 2008

During the fiscal 2007-08, India received US$ 24.57 billion (approx. Rs.98,920 crore) of Foreign Direct Investment. Among the Asian countries, only China and Hong Kong were ahead of India in terms of FDI inflows during the same period.

Overseas investments put India on the go

Monday, Jun 09, 2008

Ranbaxy Laboratories has launched its operations in Yemen, through an alliance with Yemen-based Pharma company Natco, a pioneer in the healthcare sector.

India spots opportunities overseas

Monday, May 12, 2008

On 02 April 2008, an agreement was signed to commence the Rs.536 crore Kaladan multi-modal transit-cum-transport project.

Record FDI Inflow in 2007-08

Monday, May 12, 2008

According to the latest statistics available, India received a record foreign direct investment worth $24.57 billion in 2007- 08. This was around 56.5 per cent higher than the total FDI the country received during the fiscal 2006-07.

Foreign Direct Investment

Monday, Apr 14, 2008

Clearing the decks for a liberalised Foreign Direct Investment regime, the Government notified the new foreign investment norms for various sectors including public sector oil refineries, mining of titanium bearing minerals and commodity exchanges, even a

Indian Investment Abroad

Monday, Apr 14, 2008

On 03 March 2008, the Union Cabinet gave ONGC Videsh its approvals to invest $102.21 million in the Najwat Najem Appraisal project and the Development and Production Sharing Agreement (NNADPSA) project in Qatar.

Foreign Direct Investment

Monday, Mar 10, 2008

Flearing the decks for a liberalised Foreign Direct Investment regime, the Government notified the new foreign investment norms for various sectors including public sector oil refineries, mining of titanium bearing minerals and commodity exchanges, even a

Global Steel acquires coal blocks in Mozambique

Monday, Mar 10, 2008

Global Steel Holdings, the parent company of Ispat Industries, has acquired two coking coal blocks in Mozambique.

Foreign Direct Investment

Monday, Feb 11, 2008

After a gap of nearly two years, the Union government announced liberalisation of foreign direct investment (FDI) limits in some key sectors.

Tata Steel forms JV with Oman for limestone exploration

Monday, Feb 11, 2008

On 16 January 2008, Tata Steel and Oman's Al Bahja Group signed a JV agreement to explore and develop the Uyun limestone deposits in Salalah.

RIL, GAIL signs MoU for petrochemical units abroad

Monday, Jan 14, 2008

On 04 December 2007, Reliance Industries and GAIL (India) together, signed another MoU for joint co-operation in petrochemicals.

Foreign Direct Investment

Monday, Jan 14, 2008

According to a study conducted recently by A T Kearney, India ranks second amongst the world's favoured FDI destinations.

Foreign Direct Investment - 2007

Monday, Dec 10, 2007

During the first seven months of 2007, India received FDI inflows worth US$12.1 billion.

PSL achieves financial closure for Mississippi venture

Monday, Dec 10, 2007

Mumbai-based PSL has achieved financial closure of its integrated pipe manufacturing and coating unit at Bay St. Louis, Mississippi.

Foreign Direct Investment

Monday, Nov 12, 2007

India's popularity among foreign investors has grown over the recent years.

Essar to invest in Song Hong Basin in Vietnam

Monday, Nov 12, 2007

Essar Energy Holdings recently participated in the second international bidding round for open blocks in ‘Song Hong Basin', located on offshore northern Vietnam.

RIL buys majority stake in GAPCO

Monday, Oct 08, 2007

Reliance Industries has acquired a majority stake and the management control of an East Africa-based oil retail distribution company - Gulf Africa Petroleum Corporation (GAPCO).

Foreign Direct Investment - 10-2007

Monday, Oct 08, 2007

According to a report compiled by Economist Intelligence Unit in cooperation with Columbia Programme on International Investment (CPII); India is likely to receive an average foreign direct investment (FDI) of US$20.4 billion every year, during the next

Apollo Hospitals forms JV for hospital in Mauritius

Monday, Sep 10, 2007

Apollo Hospitals Enterprise is forming a JV with British American Investment Co., Mauritius (BAI), to set up a multi-specialty hospital in Mauritius on stateowned land provided by the Mauritius government.

Foreign Direct Investment - Sep - 2007

Monday, Sep 10, 2007

In August, the Union Ministry of Commerce and Industry announced a number of policy decisions to increase the inflows of foreign direct investment (FDI) into India.

Foreign Direct Investment

Monday, Aug 13, 2007

In July 2007, the Union Ministry of Finance cleared 27 FDI proposals in two installments. On 04 July 2007, the ministry cleared 10 proposals worth Rs.2,339 crore.

RIL bids for three blocks in Australia

Monday, Jul 09, 2007

Reliance Industries (RIL) has submitted bids for a stake in three Australian exploration blocks, in partnership with Santos -an Australian exploration company.

Foreign Direct Investment - July 2007

Monday, Jul 09, 2007

During June 2007, FIPB met once and cleared 17 foreign direct investment (FDI) proposals.

RSWM acquires 50 per cent stake in SISA S.A. of Spain

Monday, Jun 11, 2007

RSWM acquired a 50 per cent equity stake in SISA S.A. (SISA) of Spain, which will enable the company to considerably expand its trial in the higher value added international yarn market.

Foreign Direct Investment - June 2007

Monday, Jun 11, 2007

According to the latest statistics, available the country received FDI of US$3.8 billion in March, which is the highest inflow received so far in a single month.

IOC to partner in a refinery project at Tatarstan

Monday, May 14, 2007

Indian Oil Corporation (IOC) plans to enter the Russian oil and gas sector, as a participating partner, in a 12-15 million tpa refinery project, at Nizhnekansk in the Republic of Tatarstan.

Foreign Direct Investment - April 2007

Monday, May 14, 2007

According to the latest figures available from the Union Ministry of Commerce and Industries, India received USD 16 billion during the fiscal 2006-07.

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