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Articles for Fdi, search results for crore

Maharashtra attracted half of the country's FDI in the first quarter of FY25, says Fadnavis
3 months, 2 weeks ago

Maharashtra attracted half of the country's FDI in the first quarter of FY25, says Fadnavis

Hindustan Times  

Mumbai: Maharashtra has secured half of India's foreign direct investment in the first quarter of the 2024-25 financial year, according to Deputy Chief Minister Devendra Fadnavis. Citing the quarterly report from the Department for Promotion of Industry and Internal Trade, Fadnavis revealed that Maharashtra attracted ₹70,795 crore, or 52.46% of the country's FDI. Citing the quarterly report from the Department …

Maharashtra Quarter Dpiit Fadnavis Revealed Crore Fdi
Karnataka stands 3rd in country with ₹54,427 cr FDI during 2023-24: CM Siddaramaiah
4 months, 1 week ago

Karnataka stands 3rd in country with ₹54,427 cr FDI during 2023-24: CM Siddaramaiah

Hindustan Times  

Chief Minister Siddaramaiah on Thursday said Karnataka stands third in the country by drawing ₹54,427 crore Foreign Direct Investment during 2023-24. He said the state government has taken up multidimensional programmes in the areas of industry, agriculture, infrastructure development, and education to accelerate economic growth, besides the implementation of welfare programmes. The government has approved 591 investment projects through single …

Bengaluru State Crore Siddaramaiah Karnataka Chief
ED issues fresh look-out notice against Byju Raveendran
10 months ago

ED issues fresh look-out notice against Byju Raveendran

The Hindu  

The Enforcement Directorate has issued a fresh look-out notice against edutech entrepreneur Byju Raveendran in connection with the inquiry into alleged violation of the Foreign Exchange Management Act involving ₹9,362.35 crore. In November last year, the FEMA Adjudicating Authority had issued show cause notices to Think & Learn Private Limited, which runs education portal Byju’s, and Mr. Raveendran, based on …

Company Fema Foreign Fdi Raveendran
BJP leader Basavaraj Bommai criticizes Karnataka state budget, warns of economic downturn
10 months ago

BJP leader Basavaraj Bommai criticizes Karnataka state budget, warns of economic downturn

Hindustan Times  

In a scathing critique of Chief Minister Siddaramaiah's 15th budget presentation, BJP leader and Former Chief Minister Basavaraj Bommai expressed concerns over the fiscal direction of the state, asserting that "Development is not possible from Dasoha without Kayaka". Bommai also raised concerns about the government's borrowing practices, stating that despite borrowing ₹1.5 lakh crore, only ₹1,000 crore was allocated for …

Karnataka Development Budget Congress State Bjp Crore
Budget 2024: Nominal GDP growth seen at 10.50 per cent, FY24 fiscal deficit revised down to 5.80 per cent
10 months, 3 weeks ago

Budget 2024: Nominal GDP growth seen at 10.50 per cent, FY24 fiscal deficit revised down to 5.80 per cent

India TV News  

In the interim Budget presented by Finance Minister Nirmala Sitharaman, the Union government has assumed a nominal GDP growth of 10.50 per cent for the fiscal year 2024-25. The revised estimate of the fiscal deficit for FY24 is 5.8 per cent of GDP, improving on the budget estimate despite a moderation in nominal growth estimates. Union Finance Minister Nirmala Sitharaman …

Finance Budget Crore Cent Lakh Sitharaman Gdp
China’s PBoC keeps India stock portfolio
1 year, 2 months ago

China’s PBoC keeps India stock portfolio

Live Mint  

The People’s Bank of China continues to own shares worth at least ₹25,000 crore across 20 major Indian companies, including Tata Consultancy Services Ltd, Infosys Ltd, Hindustan Unilever Ltd and Vedanta Ltd, despite escalating geopolitical tensions between the two nations over the past three years, company filings showed. Other portfolio companies include Maruti Suzuki India Ltd, Asian Paints Ltd, Tata …

India China Indian Bank Investments Chinese Mint
Judicial interventions in ongoing cases against NewsClick: A timeline of events
1 year, 2 months ago

Judicial interventions in ongoing cases against NewsClick: A timeline of events

The Hindu  

The Delhi Police’s Special Cell on Tuesday arrested NewsClick founder and editor-in-chief Prabir Purkayastha and the news portal’s human resources head Amit Chakravarty in connection with its investigation into a case filed under the Unlawful Activities Act, 1967. July 7, 2021: Delhi HC grants interim protection to NewsClick founder till August 5 in foreign funding case The Delhi High Court …

Delhi Protection Court Money Laundering Money Case Delhi Police
₹7,553-crore FDI in 4 yrs: Punjab at 12th spot, but behind Haryana
1 year, 3 months ago

₹7,553-crore FDI in 4 yrs: Punjab at 12th spot, but behind Haryana

Hindustan Times  

Chandigarh : Punjab has received a cumulative foreign direct investment of ₹7,552.89 crore in the last four years. Punjab has received a cumulative foreign direct investment of ₹ 7,552.89 crore in the last four years The state is at the 12th place in the country in attracting FDI and accounts for 0.5% of the inflows of ₹15.08 lakh crore from …

Equity Investment Haryana State Punjab Direct Foreign
Byju's ED Raid: CEO Byju Raveendran Says Company In Compliance, Brought More FDI Than Any Other Startup
1 year, 7 months ago

Byju's ED Raid: CEO Byju Raveendran Says Company In Compliance, Brought More FDI Than Any Other Startup

News 18  

After financial crime-fighting agency ED searched Byju’s premises, the education platform’s CEO Byju Raveendran wrote to employees saying the company brought more FDI to India than any other startup and that the firm fully complies with all applicable foreign exchange laws. “As we are funded by 70+ impact investors who have satisfactorily done due diligence on our operations, including all …

India Fema Foreign Byju Fdi Raveendran More Fdi
Amazon to invest Rs 36,300 crore in Hyderabad, TS gets highest FDI
1 year, 11 months ago

Amazon to invest Rs 36,300 crore in Hyderabad, TS gets highest FDI

Deccan Chronicle  

HYDERABAD: In one of the highest Foreign Direct Investments into Telangana, Amazon Web Services announced on Friday that it would increase its investment from its previously committed Rs 20,096 crore in 2020 to Rs 36,300 crore by 2030. Amazon Web Services will invest in its three Hyderabad data centre campuses at Chandanvelly, FAB City, and Pharma City in phases. The …

India Hyderabad Data Investment Amazon Cloud Telangana
Note In Circulation Rise 8 Per Cent Annually To Rs 32 Lakh Crore: FM Nirmala Sitharaman
2 years ago

Note In Circulation Rise 8 Per Cent Annually To Rs 32 Lakh Crore: FM Nirmala Sitharaman

ABP News  

Finance Minister Nirmala Sitharaman on Monday said note in circulation has witnessed an annual growth of 7.98 per cent to Rs 31.92 lakh crore as of December 2, 2022. The Consumer Food Price Inflation has declined from 7.01 per cent in October 2022 to 4.67 per cent in November 2022, he said, adding the all-India average retail prices of the …

India Cent Rbi Note Chaudhary Fdi Stock Exchange
Karnataka expecting over ₹5 lakh crore in investments, creation of 5 lakh jobs through GIM: Murugesh Nirani
2 years, 1 month ago

Karnataka expecting over ₹5 lakh crore in investments, creation of 5 lakh jobs through GIM: Murugesh Nirani

The Hindu  

Karnataka captured almost 40% of the total foreign direct investments received by India during fiscal 2021-22. The 2022 edition of its global investment exposition, Global Investors’ Meet, set to be inaugurated on November 2, will only accelerate the flow of investments to the State, said Murugesh Nirani, Minister, Large and Medium Industries, in an interaction with The Hindu. This includes …

India Bengaluru Karnataka Investment State Crore Lakh
ED attaches ₹1.54 crore in bank accounts of trust linked to Amnesty India
2 years, 2 months ago

ED attaches ₹1.54 crore in bank accounts of trust linked to Amnesty India

Hindustan Times  

NEW DELHI: The Enforcement Directorate on Friday said it has provisionally attached ₹1.54 crore in bank accounts of a trust linked to Amnesty India under the Prevention of Money Laundering Act ED said Amnesty International India Pvt Ltd and IAIT were formed in the year 2013-14 and 2012-13 respectively to escape the FCRA route and carried out NGO activities in …

India International Amnesty Crore Bank Accounts Ngo Fdi
India is on track to attract USD 100 bn FDI this fiscal: Govt
2 years, 3 months ago

India is on track to attract USD 100 bn FDI this fiscal: Govt

India TV News  

Highlights India is on track to attract USD 100 billion foreign direct investment in the current fiscal In 2021-22, the country received the "highest ever" foreign inflows of USD 83.6 billion FDI equity inflows in India dipped by 6 per cent to USD 16.6 billion during April-June period India is on track to attract USD 100 billion foreign direct investment …

India Billion Usd Fdi
India received highest ever FDI inflow of over Rs 6 crore in FY 2021-22
2 years, 4 months ago

India received highest ever FDI inflow of over Rs 6 crore in FY 2021-22

Firstpost  

The increase in FDI inflows is a result of the measures taken by the Government on FDI policy reforms, stated the official statement New Delhi: India received its highest ever Foreign Direct Investment inflow of Rs 6,31,050 crore in Financial Year 2021-22 said Som Parkash, Minister of State in the Ministry of Commerce and Industry. The FDI Equity inflow in …

Investment Foreign Direct Investment Foreign Inflow Fdi India Received
Explained | The ED and CBI’s cases against Amnesty International India and Aakar Patel
2 years, 5 months ago

Explained | The ED and CBI’s cases against Amnesty International India and Aakar Patel

The Hindu  

The story so far: A day after the Enforcement Directorate imposed a fine of ₹51.72 crore on Amnesty India and ₹10 crore on its former CEO Aakar Patel in relation to an alleged violation of the Foreign Exchange Management Act, the agency on July 9 filed a chargesheet against Amnesty India and associated entities in a money laundering case. According …

India International Bengaluru Delhi Money Laundering Indian Kashmir
ED chargesheet reveals Amnesty may have taken foreign funds without permission under guise of FDI through dubious front: Report
2 years, 5 months ago

ED chargesheet reveals Amnesty may have taken foreign funds without permission under guise of FDI through dubious front: Report

Op India  

Days after the prosecution complaint was filed against Amnesty International India in a money laundering case, the charge sheet filed by the Enforcement Directorate revealed that Aakar Patel who was the director of Amnesty International India Pvt Ltd, was also the Trustee of Indians for Amnesty International Trust from 2015 to 2019. The CBI had filed charges against AIIPL, IAIT, …

India International Trust Organization Amnesty Cbi Foreign
LIC IPO: FDI Tweak, Policyholders' Discount, Govt Goes The Distance to Make IPO a Success
2 years, 7 months ago

LIC IPO: FDI Tweak, Policyholders' Discount, Govt Goes The Distance to Make IPO a Success

News 18  

As the LIC IPO is set to hit the market in the first week of May, the government and Life Insurance Corporation‘s executives are making all-out efforts to make the initial public offering a success. Recently, the government also amended the Foreign Exchange Management Act’s rules, paving the way for up to 20 per cent foreign direct investment in LIC. …

Investors Crore Cent Ipo Lic Ipo Lic Policyholders
MG Motor India to invest ₹4,000 crore for a second manufacturing plant
2 years, 8 months ago

MG Motor India to invest ₹4,000 crore for a second manufacturing plant

The Hindu  

MG Motor India plans to invest about ₹4,000 crore in a second manufacturing unit, for which it is in talks with several State governments, including Gujarat where its first facility is located, according to a top company official. The company, which is expanding the annual production capacity of its current plant at Halol in Gujarat to 1.25 lakh units by …

Gujarat Second Units Pti Invest Lakh Capacity
Cabinet allows up to 20% foreign direct investment in IPO-bound LIC: Sources
2 years, 9 months ago

Cabinet allows up to 20% foreign direct investment in IPO-bound LIC: Sources

Firstpost  

New Delhi: The Union Cabinet on Saturday permitted up to 20 per cent foreign direct investment under automatic route in IPO-bound LIC with an aim to facilitate disinvestment of the country’s largest insurer, sources said. Since as per the present FDI policy, the foreign inflows ceiling for public sector banks is 20 per cent under government approval route, it has …

Crore Cabinet Foreign Ipo Lic Fdi
Robust growth in foreign direct investment
2 years, 11 months ago

Robust growth in foreign direct investment

The Hindu  

The foreign direct investment in Tamil Nadu grew about 18% to ₹8,364 crore in April-September 2021, from ₹7,062 crore in the same period last year, according to data from the Department of Promotion of Industry and Internal Trade under the Union Ministry of Commerce and Industry. Standing fifth Ms. Kulkarni pointed out that Tamil Nadu ranked the fifth among the …

Tamil Nadu Investment Tamil State Kulkarni Nadu Fdi
FDI gap in India’s big infrastructure dreams
3 years, 1 month ago

FDI gap in India’s big infrastructure dreams

New Indian Express  

The Union Commerce Minister Piyush Goyal recently hailed India’s record FDI inflows over the last seven years. Initiatives to marshal the capital have been announced as well— Rs 6 lakh crore National Monetisation Pipeline over four years and Rs 3 lakh crore National Bank for Financing Infrastructure and Development. Given the tepid response of foreign investors, the government has been …

India Infrastructure Investment Foreign Investors Projects Foreign Investment Foreign
Karnataka brought almost 50% of India's total FDI flow in Q1 of current financial year
3 years, 3 months ago

Karnataka brought almost 50% of India's total FDI flow in Q1 of current financial year

Op India  

The state of Karnataka has attracted Foreign Direct Investments worth Rs 62,085 crore in the first quarter of FY 2022 which is 48% of the total such investments India received during this period. pic.twitter.com/eg2knILqIZ — Murugesh R Nirani September 9, 2021 Over the years Karnataka has become ‘investors’ heaven’ due to several policy reforms’ like the ease of doing business, …

India Karnataka Investment State Investors Minister Global Investors
In Compliance with Indian Laws, Will Cooperate with Enforcement Directorate on Notice: Flipkart
3 years, 4 months ago

In Compliance with Indian Laws, Will Cooperate with Enforcement Directorate on Notice: Flipkart

News 18  

Walmart-owned Flipkart on Thursday said the company is in compliance with Indian laws, including FDI regulations, and will cooperate with the Enforcement Directorate on the notice sent to the e-commerce major. The Enforcement Directorate has issued a show cause notice of Rs 10,600 crore to Flipkart and its promoters for alleged violation of the foreign exchange law, official sources said …

Indian Laws Walmart Enforcement Directorate Fdi Laws Including Notice Flipkart Indian Laws Including