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INDIA > India Based Sriam Labs Acquired by Laurus Lab, a Subsidiary of Aptuit, a US Based Pharmaceutical

On August 24, 2016 by admin

The Foreign Investment Promotion Board of India just approved the downstream investment into Sriam Labs Private Limited (‘Sriam Labs’) by purchase of 10,368,455 equity shares at Rs. 10 (Indian Rupees) each representing 73%...

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INDIA > Telecom Company Tikona to Receive FDI Worth US$ 40 Million

On August 24, 2016 by admin

Based on the recommendations of Foreign Investment Promotion Board, the government of India has approved telecom company Tikona Digital’s issuance of CCDs worth ₹267 crore (US$ 40 Million) increasing its foreign equity to 76.73%....

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walmart

INDIA > Walmart Shows Interest in India’s Food Processing Sector following FDI Policy Liberalization

On August 18, 2016 by admin

  According to  Food Processing Secretary in India, US-based Walmart is keen to invest in India’s Food Processing Sector. Currently, Walmart is present in the country in cash-and-carry retail format. Cash-and-carry retail stores differ...

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China-Nepal

NEPAL > Chinese Investors Come Together to Form Association in Nepal

On August 17, 2016 by admin

KATHMANDU, Aug 16 (Bernama) — China’s businessmen and investors in Nepal held a conference and formed an association to jointly pursue and protect the interests of Chinese nationals’ investors in Nepal. The conference...

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BANGLADESH > Record Net FDI in Bangladesh in FY 2015-16. Amount touches US$ 2 Billion

On August 16, 2016 by admin

Record Net FDI in Bangladesh in FY 2015-16. Amount touches US$ 2 Billion for the first time According to the latest statistics reported by the Bangladesh Bank, Foreign Direct Investment (FDI) touched US$...

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ikea

INDIA > IKEA plans 25 stores in India over 10 years

On August 15, 2016 by admin

IKEA Group, the Swedish home furnishing company, is planning to invest US$ 105 Million (INR. 700 Crore) on just the Hyderabad store location that spans 400,000 sq feet. It plans to attract 5-6...

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