Page-13 of FDI
India emerges as the 2nd largest investor in London
India has come up as the 2nd largest investor in the city of London with Indian companies led by software major Infosys with the investment eagerness generated by the 2012 Olympic Games in the British capital. Infosys leads the inward Foreign Direct Investment (FDI) made ..
Month: Current Affairs - July, 2013
FDI hike in 13 sectors, 100% in telecom as per Government
FDI in multi-brand retail sector is allowed after the agreement from the Foreign Investment Promotion Board (FIPB). With the growing demands from the overseas retails the government decided to liberalise Foreign Direct Investment (FDI) limits in 13 sectors including telecom, insurance, ..
Month: Current Affairs - July, 2013
RBI defines term ‘control’, notifies FDI guidelines
The Reserve Bank of India (RBI) has notified Foreign Direct Investment (FDI) guidelines pending for past four years as Press notes 2 and 3 of the Department of Industrial Policy and Promotion will be used to ensure that foreign direct investments comply ..
Month: Current Affairs - July, 2013
India: World’s 3rd most attractive FDI destination
As per the World Investment Report 2013 by the United Nations Conference on Trade and Development (UNCTAD), India is world’s third most attractive destination for investment by Transnational Corporations (TNCs) during 2013-15. In the survey based on responses of 159 ..
Month: Current Affairs - June, 2013
SEBI tightens buyback rules
SEBI has released new buyback norms and a number of other market friendly measures. Under the new rules: It is mandatory for companies selling shares to purchase at least 50% of the offer size. If they fail to do so, the ..
Month: Current Affairs - June, 2013
SEBI relaxes foreign investment norms; a new category Foreign Portfolio Investors (FPIs) approved
In a bid to attract a larger number of foreign investors to Indian capital markets, SEBI approved a slew of changes. Among the major changes are simplification of registration and compliance requirements for foreign investors. As per new measures: A new category ..
Month: Current Affairs - June, 2013
DIPP clarifies: MBRT doesn’t allow trading through franchise route
The Department of Industrial Policy and Promotion has clarified the queries on FDI policy for Multi-Brand Retail Trading (MBRT) from global retailers. The clarification is as follows: Foreign retailers entering India’s multi-brand segment will not be allowed to franchise their ..
Month: Current Affairs - June, 2013
Government clears 14 FDI proposals worth over Rs 1,300 cr
Agreeing to the recommendations of Foreign Investment Promotion Board (FIPB), the government gave nod to 14 FDI proposals worth about Rs 1,311 crore. Among companies which are approved for receiving FDI are Hindustan Port Ltd, Pharma firm Aanhaneya Lifecare, Bangalore-based ..
Month: Current Affairs - January, 2013
Category: India Nation & States Current Affairs