Author Archives: Joseph Administrator
INDIA WILL SOON SEE SURGE IN FDI INFLOWS
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- Jan, 25, 2015
- Joseph Administrator
- Legal Update
India will soon see a surge in foreign direct investment, including from the US, as the country strengthens manufacturing sector under the ‘Make in India’ programme. Manufacturing becomes very important area where we can operate. On FDI in multi-brand retail, however, the government stands that they are not in favour of FDI in retail as […]
FDI IN MULTI-BRAND RETAIL: TATA-TESCO JV PLANS RS 250 CRORE INVESTMENT TO OPEN MORE STORES
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- Jan, 23, 2015
- Joseph Administrator
- Legal Update
Trent Hypermarket the equally owned joint venture between the Tata Group and UK’s Tesco plans to invest Rs 250 crore as the only Indian multibrand retailer with foreign investment aims to open more stores. The planned expansion is likely to be seen as a test case for the ruling BJP’s stance towards foreign direct investment […]
MODI GOVERNMENT CLEARS FDI PROPOSALS WORTH RS 1,827.24 CRORE
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- Jan, 09, 2015
- Joseph Administrator
- Legal Update
The Finance Ministry has cleared 12 FDI applications, including that of Ratnakar Bank to raise foreign equity limit to 74 per cent, entailing total investment of Rs 1,827.24 crore. The Rs 10,000-crore capital raising proposal of HDFC Bank has been refered to the Cabinet Committee on Economic Affairs (CCEA). Based on the recommendations of Foreign […]
DEFENCE RELATED STOCKS GOOD BET FOR LONG TERM; TOP PICKS FOR 2015
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- Jan, 08, 2015
- Joseph Administrator
- Legal Update
Most of the defence related stocks have more than doubled in the past one year on hopes that the Cabinet’s nod to open up defence sector will provide much needed liquidity and opportunities for the companies operating in the sector. The defence sector is probably the only sector that has undergone the most under the […]