QFI Current Affairs, GK & News
The Government of India has accepted the report of Mayaram Committee thereby accepting the definitions of FII and FDI. The panel headed by Finance Secretary was set up to rationalize the definitions of FII and FDI. Some key points from Mayaram Committee Report: Foreign investment of 10% or more in a listed company will now ..
Month: Current Affairs - June, 2014
India received its first investment via the QFI (Qualified Framework Investor) route, thus ending speculations that the India’s efforts to get investors to buy shares directly will be on the fritz. Kotak Mahindra Bank struck a deal worth $5 million, following which India received its first investment via the QFI route. T The strategy to ..
Month: Current Affairs - July, 2012