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The Government of Singapore Investment Corp (GIC) will invest Rs9 billion ($209 million) to take a 25.4% equity stake in Reid & Taylor (India), a wholly-owned subsidiary of Indian company S Kumars Nationwide.
GIC, which manages more than $100 billion in funds globally, will make the investment through a purchase of new shares and warrants. GIC [...]

GUIDELINES FOR THE CONSIDERATION OF FOREIGN DIRECT INVESTMENT (FDI) PROPOSALS BY THE FOREIGN INVESTMENT PROMOTION BOARD (FIPB)
(The Guidelines are meant to assist the FIPB to consider proposals in an objective and transparent manner. These would not in any way restrict the flexibility or bind the FIPB from considering the proposals in their totality or making [...]

FDI India was initiated in 1992. Streamlining of the procedures and substantial liberalization has been done since 1995. As of now, Indian corporate/Registered partnership firms are allowed to invest abroad upto 100% of their net worth and are permitted to make overseas investments in business activity. Here we have covered India’s FDI performance over the [...]