Etisalat News
Foreign cos pulling more money out of India-Nomura
MUMBAI, May 25 (Reuters) - Foreign direct investment, the
sort of sticky long-term money India craves to fund its current
account deficit and build up its infrastructure, may not be so
stable after all.
According to a Nomura report, multinational companies have
been pulling money out of India at an accelerating rate, moving
$10.7 billion out of the country in 2011, up from $7.2 billion
in 2010 and
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