India’s FDI inflows reached to 41.5 billion dollars last year, constituting 9.6% of its gross fixed capital formation, against just 1.9% annual average in 90s. India attracted 41.5 billion dollars in FDI last year, its outward flows or overseas investments amounted to 17.7 billion dollars, roughly 4.1% of its gross fixed capital formation. This is […]
Tag: ONGC
Hindujas Plans Investment Of Two Lakhs Crore Rupees
May 6, 2008 – 7:19 am
The Hinduja family is setting up investments of around fifty billion dollar (2 lakh crore rupees) in the subsequent 5 years in India and out of the country, led by a foray into oil and gas in Iran.
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 […]
