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  FDI up 48 percent in seven months of 'Make in India'

FDI up 48 percent in seven months of 'Make in India'

15 Jul 2015

New Delhi: Foreign direct investment (FDI) into the country has seen a 48 percent growth in the seven-month period from the launch of 'Make in India' initiative in September till April 2015, an official statement said on Tuesday.

FDI,   Make in India,   Foreign direct investment,   India,   FDI growth,   commerce ministry,   Latest business news ,  
Uber to invest USD 1 billion in India in next 9 months

Uber to invest USD 1 billion in India in next 9 months

31 Jul 2015

New Delhi: Taxi-hailing app Uber will invest USD 1 billion (about Rs 6,400 crore) in India in the next nine months to expands operations in the country. "We are extremely bullish on the Indian market and see tremendous potential here. India is one of Uber's big priorities, along with China. This is why Uber is committing an additional USD 1 billion to India in the next nine months," Uber India president Amit Jain said in a statement.

Uber,   Uber to invest,   Investment in India,   Taxi hailing app,   Latest Business News ,  
General Motors to invest USD 1 billion in India; lines up 10 models

General Motors to invest USD 1 billion in India; lines up 10 models

29 Jul 2015

New Delhi: US auto major General Motors today said it will investment USD 1 billion (Rs 6,400 crore) to turnaround its fortune in the country, but said it will close its manufacturing plant at Halol, Gujarat to consolidate operations.

General Motors,   Investment,   Manufacturing plant,   GM Gujarat plant,   GM cars ,  
FDI via approval route surges 162 percent to USD 1.91 billion

FDI via approval route surges 162 percent to USD 1.91 billion

22 Mar 2015

New Delhi: Foreign Direct Investment into India through the approval route shot up 162 percent to USD 1.91 billion in the first 10 months of the current fiscal, indicating that government's effort to improve ease of doing business and relaxation in FDI norms may be yielding results.

FDI,   Foreign Direct Investment,   Indian Economy,   GDP,  
 Rupee down 7 paise against dollar in morning trade

Rupee down 7 paise against dollar in morning trade

30 Jul 2015

Mumbai: The rupee fell by 7 paise to 63.98 a dollar in morning trade at the Interbank Foreign Exchange market today as the American curreny strengthened overseas after the Federal Reserve upgraded its outlook on the US economy.

Rupee,   dollar,   Interbank Foreign Exchange,   American currency,   BSE ,  Latest business news ,  
FIPB clears 10 FDI proposals worth Rs 2,858 crore

FIPB clears 10 FDI proposals worth Rs 2,858 crore

25 Mar 2015

New Delhi: The Foreign Investment Promotion Board has cleared 10 FDI proposals worth Rs 2,858 crore, and referred the  Holcim-Ambuja deal to the CCEA.

FIPB,   FDI proposals,   Holcim Ambuja deal,   CCEA,   Foreign Investment Promotion Board,   Foreign Direct Investment,  
Indian eCommerce not a bubble, to grow to USD 50 billion by 2020: Report

Indian eCommerce not a bubble, to grow to USD 50 billion by 2020: Report

15 Apr 2015

New Delhi: Terming investor concerns on Indian eCommerce sector as "misplaced", brokerage firm UBS on Wednesday said that the 'etail' market in the country is well placed for growth and could be worth USD 50 billion by 2020.

Indian eCommerce,   etail market,   eCommerce sector,   GMV,   Gross Merchandise Value,   Foreign Direct Investment,   FDI,   GST,   Goods and Service Sector,   Latest business News,  
RBI notifies new FDI policy for medical devices segment

RBI notifies new FDI policy for medical devices segment

02 Feb 2015

Mumbai: The Reserve Bank on Monday notified the changes in the FDI policy allowing 100 percent foreign direct investment in medical devices segment.

Reserve Bank,   RBI,   FDI policy,   Foreign direct investment,   Medical devices,  
FDI in services sector up 44 percent during April-December

FDI in services sector up 44 percent during April-December

09 Mar 2015

New Delhi: With government taking steps to improve the ease of doing business and attracting foreign investments, FDI inflows into the services sector grew by 44 percent to USD 2.29 billion in the April-December period of the current fiscal.

FDI services sector,   Foreign Direct Investment,   FDI inflows increase,   service sector inflows,   FDI India,  
Government considering six FDI proposals in single-brand retail

Government considering six FDI proposals in single-brand retail

16 Dec 2014

New Delhi: Six proposals for foreign direct investment (FDI) in the single brand retail sector are under the process for approval, government said on Tuesday.

Foreign direct investment,   FDI,   Retail sector,   Government,  

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