TaxTMI 
TaxTMI 
Outward FDI by Indian Companies.
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....utward FDI by Indian Companies. <br>News and Press Release<br>Dated:- 15-5-2012<br><BR>Press Information Bureau Government of India Ministry of Finance 15-May-2012 16:43 IST Outward FDI by Indian ....
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....Companies The outward Foreign Direct Investment (FDI) comprising equity, loan and guarantee invoked by Indian parties has increased from US$ 7210.32 million during 2000-01 to 2004-05 to over US$ 7203....
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....7.17 million during 2005-06 to 2009-10. The increased outward FDI by Indian parties has been primarily driven by resource seeking or market seeking or technology seeking motives. It is also a part of....
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.... corporate strategy to promote the brand image and utilization of raw materials available in the host country. An Indian party, who complies with the applicable provisions of Foreign Exchange Managem....
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....ent Regulation is allowed to make FDI abroad under the general permission. The onus of ensuring/ adhering to the terms and conditions of the ODI regulations rests with the Indian Party. This informat....
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....ion was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in the Rajya Sabha today. ***** DSM/SS/SL<BR> News - Press release - PIB....