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...
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...
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...
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...
Finance Minister P. Chidambaram has hinted that import of gold may be made costlier to discourage the demand of the metal in order to contain widening Current Account...
Agreeing to the recommendations of FIPB [Foreign Investment Promotion Board], the Central Government cleared 12 FDI proposals which will make total inflow of over Rs.802 crore. Major Proposals...
With an aim to attract greater foreign expertise in the domain of asset reconstruction, the government has raised the foreign investment ceiling in Asset Reconstruction Companies (ARCs) to...
Asserting that Policy making is exclusive right of the executive, the Supreme Court refused to interfere with the policy on FDI in retail. The Centre informed the court...
The Department of Telecommunications (DoT) rejected the proposal of the Parekh committee on the financing of infrastructure to increase the ceiling on FDI in this sector from current...