Finance Minister Arun Jaitley, along with other senior ministers, on Tuesday pitched India growth story before 21 large global investors
The logistics segment is becoming a hot favourite of private equity, of late.
While three of the top five FPIs - Capital, Government of Singapore, and Vanguard - have seen their investment value more than triple, India's benchmark indices have risen just 70%.
They have also been accused of extending loans for criminal intent of falsification of repayment by a number of borrowers, including some entities associated with large corporate groups.
The Adanis', which already has won the bids to run six Airport Authority-built non-metro airports in Lucknow, Jaipur, Guwahati, Ahmedabad, Thiruvananthapuram and Mangalore, bid to enter the country's second busiest airport by buying out Bid Services Division Mauritius from MIAL was stalled after GVK chose to exercise its first right of refusal, and matched the Rs 1,248-crore offer that the Adanis made to the Bidvest in March.
Other bidders include Abu Dhabi Investment Authority.
He also pointed out that the home ministry was neither consulted, nor did it give the necessary security clearance
Prime Minister Narendra Modi arrived in Abuu Dhabi on Sunday on a two-day visit to the strategically important United Arab Emirates during which he will hold talks with the country's top leadership to enhance cooperation in key areas of trade and security and address the Indian diaspora.
Low oil prices also means effectively transfer of wealth from the producing nations to the consuming nations
Welcome to the era of too many investors chasing a limited number of commercial real estate deals.
With terror and investments high on his agenda for talks with the UAE leadership, Prime Minister Narendra Modi on Sunday began his two-day trip to this strategic Gulf nation with a visit to the historic Sheikh Zayed Grand mosque, the world's third largest.
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