In these times of economic slowdown, Indian companies, especially real estate firms, are looking at diaspora in the Middle East for investment. The government kick-started a series of “investment meets” last week in Muscat that had major Indian firms hard selling India’s economic stability to the diaspora. The Muscat meeting, held under the aegis of […]
Tag: Indian Government
UK property investors look to India
May 29, 2008 – 5:05 am
As property prices continue their downward spiral in Britain, investors here are looking to India, which is increasingly seen as a hotspot due to rising real estate prices across the country. Every week, leading mortgage lenders and estate agents publish figures of declining prices, higher number of houses on the market, fewer buyers and smaller […]
India approves ONGC Videsh Venezuela jv, Qatar investment
March 4, 2008 – 8:08 am
LONDON – The Indian government formally approved ONGC Videsh Ltd’s (OVL) 102.21 mn USD investment in a Qatar-based project and also its formation of a joint venture with CVP/Petroleos De Venezuela SA (PDVSA). ONGC Videsh is a unit of Oil & Natural Gas Corp, India’s largest oil and gas exploration company. The government also authorised ONGC […]
