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Cabinet approves Rs 9,589 crore FDI in Suven Pharmaceuticals by Cyprus-based firm

The approval is for acquisition of up to 76.1 per cent shares of Suven Pharmaceuticals by Berhyanda by way of transfer of shares from existing promoter shareholders and public shareholders through mandatory open offer
Suven Pharmaceuticals Berhyanda Ltd Cabinet Committee On Economic Affairs Cyprus Based Berhyanda Cabinet Committee Suven Pharmaceuticals

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UNITED ARAB EMIRATES – LIBYA – MOROCCO From Morocco to Libya, UAE aid diplomacy on the go

The two North African countries were hit recently by a quake and floods and are now struggling to deliver aid to devastated communities. But politics and diplomacy appear to be shaping the response to their emergencies. One of the few players to benefit is the UAE, whose investments and outreach in Africa has earned it some kudos.
United Arab Emirates Libya General United States Saudi Arabia Sha Biyat Darnah United Kingdom

US alone accounted for 17 percent of FDI in FY'23

The census results showed that the United states followed by Mauritius, the United Kingdom and Singapore accounted for 60 percent of the inward FDI in the country in 202-23. In case of overseas direct investment - ODI - also, Singapore, the United States and the United Kingdom and the Netherlands were among the top four destinations accounting for 60 percent of the Rs 9.1 lakh crore invested by Indian entities in 2022-23.
United States United Kingdom Reserve Bank Overseas Direct Investment Outward Direct Investment

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