More steps on anvil to boost FDI
Currently, FDI proposals worth Rs 1,200 crore and below are approved by the FIPB and above that value they need to be approved by the Cabinet Committee on Economic Affairs (CCEA).
Mar 29, 2015, 12:11 PM IST
Insurance sector to get lot of foreign investment: Jaitley
With the passage of three key economic legislations in Parliament, Finance Minster Arun Jaitley on Friday exuded confidence that the insurance sector is expected to get a lot of foreign investment.
Mar 20, 2015, 19:24 PM IST
Tax system being overhauled: Jaitley
Seeking to soothe the sentiments of foreign investors, disturbed by fresh claims of tax on past transactions by Indian authorities, Finance Minister Arun Jaitley has said his government was rationalising the country`s tax system to make it fair.
Mar 14, 2015, 16:27 PM IST
Insurers eye billions of dollars as Par clears Bill
Within minutes of Parliament approving higher foreign investment in insurance sector, a number of insurers including from Bharti, Reliance, Max and SBI groups said their overseas partners will raise their stakes in respective JVs to 49 percent.
Mar 12, 2015, 22:38 PM IST
Govt expects Rs 25,000 cr foreign investment in insurance sector
Foreign capital to the tune of Rs 25,000 crore is likely to flow into the insurance sector, with Parliament approving hike in foreign investment cap to 49 percent, Minister of State for Finance Jayant Sinha said Thursday.
Mar 12, 2015, 22:08 PM IST
Insurance Bill passage to boost foreign investment: Industry
Industry chambers Thursday hailed the passage of the Insurance Bill in Parliament, saying this long-awaited reform will mark a new beginning in the insurance sector and pave the way for higher foreign investment.
Mar 12, 2015, 21:54 PM IST
IIP, inflation data key for stock markets this week: Experts
Macro economic data, foreign investments, and crude oil price trend will dictate the stock market trend in the week ahead, say experts.
Mar 08, 2015, 11:11 AM IST
FDI in services sector up 44% during Apr-Dec
With government taking steps to improve the ease of doing business and attracting foreign investments, FDI inflows into the services sector grew by 44 percent to USD 2.29 billion in the April-December period of the current fiscal.
Mar 08, 2015, 10:35 AM IST
Australia to tighten foreign investment scrutiny on farmland
Australia will tighten scrutiny on overseas investment in farmland, Prime Minister Tony Abbott said Wednesday, following concerns about valuable agricultural and mineral assets passing into foreign hands.
Feb 11, 2015, 09:13 AM IST
Vodafone decision eases tax worries for Shell, others
India`s decision to drop a tax dispute with Vodafone Group Plc is likely to mean relief for Royal Dutch Shell PLCand others caught in similar, protracted battles, as the government tries to attract much-needed foreign investment.
Jan 29, 2015, 16:12 PM IST
Govt amends law on arbitration to attract investment
Amid its keenness to attract the maximum foreign investment, the government has sent out a signal to international business community by amending the Arbitration Act to make it mandatory for a judge presiding over commercial disputes to settle cases within nine months.
Dec 30, 2014, 16:36 PM IST
Insurance reforms to bring in foreign investment: Industry
The government's approval to key insurance and coal sector reforms will help attract much-needed investments, boost domestic manufacturing and usher in transparency and fair play, industry said on Wednesday.
Dec 24, 2014, 20:29 PM IST
Deal Street witnesses $29-bn M&As in 2014; eyes $40 bn in '15
Albeit muted for most part of the year, Deal Street in India has clocked M&As worth USD 29 billion in 2014 and expects the size to get larger with transactions worth over USD 40 billion in the new year.
Dec 19, 2014, 14:14 PM IST
Govt to consider 31 FDI proposals on Dec 16
The nine proposals include that of Pureplay Investment Partners (Mauritius), INX Music, ASV Europa Security Private Limited, Halyard Health Inc (US) and Beloor Bayir Biotech.
Dec 07, 2014, 15:10 PM IST
Modi picks up pace on economic reform, opposition remains
Prime Minister Narendra Modi is increasing his focus on economic reforms including raising the cap on foreign investment in the insurance sector.
Nov 21, 2014, 15:26 PM IST
Chinese FDI growth slows to 1.3% in October: Govt
Growth in foreign investment into China slowed in October, the government said Tuesday, amid a slowdown in the world`s second-largest economy and concerns over business risks.
Nov 18, 2014, 10:34 AM IST
India counts HDFC stake in HDFC Bank as foreign: Report
India's foreign investment regulator has approved raising the foreign holding limit in second-biggest private sector lender HDFC Bank Ltd but counts its parent`s holding as foreign, a leading business daily reported.
Nov 15, 2014, 13:40 PM IST
Hero shares rise as RBI hikes foreign investment limit
Shares of Hero MotoCorp Ltd rose as much as 2.5 percent today after the Reserve Bank allowed foreign investors to buy up to 49 percent of the paid up capital in the company.
Oct 29, 2014, 14:07 PM IST
India Inc's foreign investment doubles to $3.02 bn in Sep
Total investment abroad by Indian firms were at USD 1.43 billion in September 2013.
Oct 12, 2014, 12:53 PM IST
FIPB to take up 48 foreign investment proposals on Oct 21
Besides, investment applications of major companies like Holcim, Today Magazines Lifestyle and Montblanc Services will be taken up by the Foreign Investment Promotion Board.
Oct 12, 2014, 11:46 AM IST
