Nomura Global Markets Research disclosed that net foreign direct investment inflows to India have touched a record high of $34.9 billion in the fiscal year that ended March 2015, as can be seen in the chart below. Net FDI inflows touched 1.7% of GDP in the just-ended fiscal year, up...
Iridium to Re-enter India with Domestic Partners
According to Business Standard, US-based mobile satellite communications company Iridium Communications Inc. has made motions to re-enter India, thirteen years after stopping services in the country, to establish a lasting gateway in the country. Iridium is in talks with state-run Bharat Sanchar Nigam Ltd (BSNL) and MTNL along with a...
India among Top 3 desirable destination for Foreign Direct Investment
According to a new report released by the United Nations Commission for Trade & Development (UNCTAD) this week, global transnational flows of investment have exceeded the numbers just prior to 2008 crisis, although they are below the 2007 high by about 23 percent. The top destination for foreign investment remains...