More than 1,600 Indian companies have received foreign direct investments worth $ 1 billion from China during the April 2016 to March 2020 period, according to government data. Over 1,600 companies received $ 1,020.25 million Foreign Direct Investment equity inflows from China for the April 2016 to March 2020 period, as per the data. In the written reply, Minister of …
New Delhi: Philip Morris International has for years paid manufacturing costs to its Indian partner to make its Marlboro cigarettes, circumventing a nine-year-old government ban on foreign direct investment in the industry, internal company documents reviewed by Reuters showed. But dozens of internal company documents— including invoice bills, legal agreements, e-mails and accounting statements—show Philip Morris has for years indirectly …
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