INDIA > India Based Sriam Labs Acquired by Laurus Lab, a Subsidiary of Aptuit, a US Based Pharmaceutical

On August 24, 2016 by admin

The Foreign Investment Promotion Board of India just approved the downstream investment into Sriam Labs Private Limited (‘Sriam Labs’) by purchase of 10,368,455 equity shares at Rs. 10 (Indian Rupees) each representing 73%...

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INDIA > Telecom Company Tikona to Receive FDI Worth US$ 40 Million

On August 24, 2016 by admin

Based on the recommendations of Foreign Investment Promotion Board, the government of India has approved telecom company Tikona Digital’s issuance of CCDs worth ₹267 crore (US$ 40 Million) increasing its foreign equity to 76.73%....

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INDIA > Walmart Shows Interest in India’s Food Processing Sector following FDI Policy Liberalization

On August 18, 2016 by admin

  According to  Food Processing Secretary in India, US-based Walmart is keen to invest in India’s Food Processing Sector. Currently, Walmart is present in the country in cash-and-carry retail format. Cash-and-carry retail stores differ...

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INDIA > IKEA plans 25 stores in India over 10 years

On August 15, 2016 by admin

IKEA Group, the Swedish home furnishing company, is planning to invest US$ 105 Million (INR. 700 Crore) on just the Hyderabad store location that spans 400,000 sq feet. It plans to attract 5-6...

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INDIA > Adidas to open fully FDI owned stores in India

On August 12, 2016 by admin

Following the Indian Government’s opening up of its FDI policy, Adidas is planning to open around 30-50 fully company–owned stores across the major cities of the country by 2020. Adidas will be filing...

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INDIA > Pharma Company Exeltis acquires intellectual property of Klar Sehen

On August 9, 2016 by admin

Pharma Company Exeltis acquires intellectual property of Klar Sehen Exeltis (India) – an Indian entity formed by the collaboration between CHEMO group, the Spain based integrated healthcare multinational, and Ordain Healthcare, a Chennai...

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