Corporate India has invested USD 12.25 billion overseas during the first eight months of the current fiscal, most of which has gone into the firms' wholly-owned subsidiaries in the US, Singapore or the Netherlands, according to data collated by Care Ratings. In the whole of FY20, total foreign direct investment by domestic companies was USD 13 billion, while FDI inflows …
There has been decline in foreign direct inflow from China in the last three years with FDI coming down to USD 163.77 million in 2019-20, Minister of State for Finance Anurag Singh Thakur informed Lok Sabha on Monday. Giving details of the total foreign direct investment inflow from Chinese companies in India, he said, it was USD 350.22 million in …
IT services major Infosys has said its profitability may be "marginally impacted" and its cash flows negatively affected amid covid-19 pandemic. Also, Infosys CEO Salil Parekh drew a pay package of about USD 6.15 million in fiscal 2020, Infosys said in a regulatory filing. Outlining risks related to the occurrence of COVID-19, Infosys said its profitability may be marginally impacted …
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