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.
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.
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.
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.
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.
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.
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.
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.
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.
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.