Topic: foreign investment

While the total investment in the plant is expected to be USD 2.75 billion, Micron’s investment will be up to USD 825 million over the two phases of the project, and the remaining amount will be funded by the Centre and the State government.

British asset manager abrdn plc, sold its entire 10.2% stake worth 35.47 billion rupees in the HDFC group.

The group is reportedly in talks with Bank of America, Citigroup and Standard Chartered among others for loan to fund the expansion of its oil-to-telecom conglomerate.

Markets regulator proposes additional disclosure requirements for ‘high-risk’ foreign portfolio investments & stricter rules for companies registered in neighbouring countries.

The Rs 5 billion development will include shopping mall and multi-purpose commercial tower in Srinagar, Emaar announced at investment summit on Sunday.

Industry insiders from both states cite complacency on the part of Maharashtra & political instability in the state following 2019 election as reasons for Gujarat's improving prospects.

RBI hopes to boost forex inflows and stem rupee slump. But rupee likely to remain under pressure amid tighter global financial conditions & interest rate hikes by US Fed.

Democracy, foreign policy, internal stability, steps to reduce cost of doing business & commitment to cutting carbon emissions could all help India attract foreign investment.

Analysts expect the world’s last big emerging market to finally get the nod to join global indexes this year or early 2023 by providers such as JPMorgan Chase and FTSE Russell.

India got $100 million worth of foreign inflows into stocks so far in October, among the highest in Asia. Moreover, in the fourth quarter, Paytm and Flipkart are aiming for an IPO.