A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control.
RSS chief Mohan Bhagwat on Tuesday justified allowing foreign direct investment in several sectors and supported disinvestment, arguing that moves were needed to “strengthen the economy”. “Some.. IndiaTimes - Published
Addressing a press conference here, senior Congress leader Jairam Ramesh said that all procedures were followed in granting approval for Foreign Direct Investment into the INX Media. "There has been a.. IndiaTimes - Published
Former finance minister P Chidambaram's CBI custody was extended till September 2 in the INX Media case where he is being investigated for alleged corruption and irregular FDI clearances. The agency.. IndiaTimes - Published
The CBI has booked NDTV promoters Prannoy Roy and his wife Radhika Roy, and others in connection with alleged violation of foreign direct investment rules, officials said on Wednesday. The agency.. IndiaTimes - Published