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Govt notifies norms for composite cap on overseas investment

Jul 30, 2015

Govt notifies norms for composite cap on overseas investment

Under the modified norms, all types of direct and indirect overseas investments, whether portfolio or FDI, will be subject to a composite foreign investment cap for that particular sector. #ICICI Bank #FDI #Yes Bank #HDFC Bank #PolicyWatch #Kotak Mahindra Bank #Overseas investment #Foreign Currency Convertible Bonds
Govt has nothing against Nestle, Maggi probe created consumer awareness: Paswan

Jul 21, 2015

Govt has nothing against Nestle, Maggi probe created consumer awareness: Paswan

Consumer Affairs Minister Ram Vilas Paswan on Tuesday said while the government had nothing against Nestle over the Maggi noodle controversy, which was probed by an independent watchdog on safety standards, the episode had created awareness among the public. #NewsTracker #Nestle #FDI #Ram Vilas Paswan #Maggi #FSSAI
Don't want fly by night operators in bank, defence, says Sitharaman

Jul 20, 2015

Don't want fly by night operators in bank, defence, says Sitharaman

The minister's statement assumes significance as introduction of composite caps on foreign investment has led to confusion among bankers who say overseas portfolio investments can now go up to 74 percent as against the current ceiling of 49 percent. #Lalit Modi #FDI #TheySaidIt #Nirmala Sitharaman #NRI #FII #QFI #FPI #Vyapam scam
Composite cap on FDI to remove confusion among investors, says Sitharaman

Jul 17, 2015

Composite cap on FDI to remove confusion among investors, says Sitharaman

Sitharaman said the government is taking several steps to attract investments. #FDI #Nirmala Sitharaman #PolicyWatch #FII #Composite cap
End of a $12 bn dream? After a decade of delays, Posco suspends Odisha project

Jul 17, 2015

End of a $12 bn dream? After a decade of delays, Posco suspends Odisha project

Odisha mines minister, Prafulla Kumar Mallik, said his government remained keen to help Posco but had not heard from the company #POSCO #FDI #Mining Bill #Land Acquisition Bill #Make In India #odisha steel plant
Private bank shares pile up smart gains on govt nod to raise foreign holding

Jul 16, 2015

Private bank shares pile up smart gains on govt nod to raise foreign holding

Private banking shares advanced sharply on the bourses rising over 1-4.5 percent each #FDI #BSE #Private banking #FII #lenders
Cabinet to decide on composite foreign investment caps on Thursday

Jul 15, 2015

Cabinet to decide on composite foreign investment caps on Thursday

The commerce and industry ministry's proposal seeks to do away with the different kinds of overseas investment and bring about clarity in the norms. #NewsTracker #FDI #FII #Qualified Foreign Investors #Foreign Venture Capital Investor