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Voyager Gains Initial Court Approval for $1 Billion Binance Deal, Responds to National Security Concerns
Voyager, the bankrupt crypto lender on Tuesday said it had received initial court approval for the proposed sale of the firm's assets to Binance. The lender also said that it would address any issues that would lead the US Committee on Foreign Investment in the United States (CFIUS) to oppose the transaction, which it says will allow customers to r...
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China's Tech Crackdown Thwarts Pony.ai's U.S. Listing Plans
The Committee on Foreign Investments in the United States, which reviews deals of companies with foreign ties for potential national security risks, has also been scrutinizing SPAC deals.
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Cabinet Approves FDI Proposal Of Rs 15,000 Crore By Anchorage Infrastructure Investment
The Cabinet Committee on Economic Affairs on Wednesday approved the FDI proposal of Anchorage Infrastructure Investment Holding Ltd, proposing an investment of Rs 15,000 crore
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TikTok Sale Explainer: The Next Steps in Diplomatic Dance
US President Donald Trump said on Thursday that he does not plan to extend a deadline for ByteDance to sell TikTok's US business, with the process still mired in uncertainty.
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US Lays Out Proposal To Extend Scrutiny Of Foreign Investment
The US government outlined more detail on Tuesday on its plans to beef up foreign investment oversight, including a proposal to permit the blocking of some foreign purchases of real estate within 100 miles (160 kilometers) of military bases.
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China To Assess US Defence Bill, Calls For Fair Treatment To Investors
China's Commerce Ministry said on Tuesday it will comprehensively assess a new U.S. defence act that strengthens the role of a key committee tasked with reviewing proposed foreign investment, and called for fair treatment of Chinese investors.
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Trump Favors Tougher Investment Oversight, Stops Short Of Targeting China
US President Donald Trump on Wednesday said he supported tougher restrictions on foreign investment in sensitive technology, as well as export controls on those goods, but he stopped short of imposing specific restrictions on China.
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Trump Softens Threat Of New Curbs On Chinese Investment In US Firms
President Donald Trump opted instead to rely on legislation to enhance the powers of the committee known as the Committee on Foreign Investment in the United States or CFIUS, which reviews proposed acquisitions of U.S. assets by foreign investors.
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Foreign Airlines Allowed To Invest Up To 49% In Air India
This move is expected to expedite Air India's divestment process.
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US' Loss, Europe's Gain? EU Says 'Open To Highly Skilled Indian Professionals'
The European Union today said it is ready to accommodate more Indian IT professionals and denounced any form of protectionism in global trade, amid anxiety over the Trump administration's possible clampdown on H1B visa. Pushing for deeper trade ties with India, a delegation of European Parliament's Committee on Foreign Affairs also expressed "regre...
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Investment Board Refers Holcim Proposal To Cabinet For Approval
Inter-ministerial body FIPB has referred the Rs 3,400-crore foreign investment proposal of Holcim (India) to the Cabinet Committee on Economic Affairs for approval, while deferred the decision on Vodafone's application for acquisition of You Broadband India.
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Higher Foreign Investment Cap To Boost Global Capital: Yes Bank
Yes Bank on Thursday said approval by the government to hike the foreign investment limit to 74 per cent will enhance the private sector lender's flexibility in raising capital at a global level going forward.
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Cabinet Okays Yes Bank Proposal To Raise Foreign Investment Limit
The Cabinet Committee on Economic Affairs on Wednesday approved Yes Bank's proposal to increase foreign investment limit in the bank to 74 per cent, entailing FDI inflows of $1 billion (Rs 6,885 crore).
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Cabinet To Decide On Axis Bank Rs 12,973 Crore Foreign Investment Proposal
The Cabinet Committee on Economic Affairs will take a final call on Axis Bank's Rs 12,973-crore foreign investment proposal, the Finance Ministry said on Wednesday.
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FIPB Clears 15 Proposals Worth Rs 7,262 Crore
Japanese insurer Nippon Life Insurance, Tata AIA and Aviva Life were among the 15 companies whose foreign direct investment proposals totalling Rs 7,262 crore have been approved by the FIPB.
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Voyager Gains Initial Court Approval for $1 Billion Binance Deal, Responds to National Security Concerns
Voyager, the bankrupt crypto lender on Tuesday said it had received initial court approval for the proposed sale of the firm's assets to Binance. The lender also said that it would address any issues that would lead the US Committee on Foreign Investment in the United States (CFIUS) to oppose the transaction, which it says will allow customers to r...
-
China's Tech Crackdown Thwarts Pony.ai's U.S. Listing Plans
The Committee on Foreign Investments in the United States, which reviews deals of companies with foreign ties for potential national security risks, has also been scrutinizing SPAC deals.
-
Cabinet Approves FDI Proposal Of Rs 15,000 Crore By Anchorage Infrastructure Investment
The Cabinet Committee on Economic Affairs on Wednesday approved the FDI proposal of Anchorage Infrastructure Investment Holding Ltd, proposing an investment of Rs 15,000 crore
-
TikTok Sale Explainer: The Next Steps in Diplomatic Dance
US President Donald Trump said on Thursday that he does not plan to extend a deadline for ByteDance to sell TikTok's US business, with the process still mired in uncertainty.
-
US Lays Out Proposal To Extend Scrutiny Of Foreign Investment
The US government outlined more detail on Tuesday on its plans to beef up foreign investment oversight, including a proposal to permit the blocking of some foreign purchases of real estate within 100 miles (160 kilometers) of military bases.
-
China To Assess US Defence Bill, Calls For Fair Treatment To Investors
China's Commerce Ministry said on Tuesday it will comprehensively assess a new U.S. defence act that strengthens the role of a key committee tasked with reviewing proposed foreign investment, and called for fair treatment of Chinese investors.
-
Trump Favors Tougher Investment Oversight, Stops Short Of Targeting China
US President Donald Trump on Wednesday said he supported tougher restrictions on foreign investment in sensitive technology, as well as export controls on those goods, but he stopped short of imposing specific restrictions on China.
-
Trump Softens Threat Of New Curbs On Chinese Investment In US Firms
President Donald Trump opted instead to rely on legislation to enhance the powers of the committee known as the Committee on Foreign Investment in the United States or CFIUS, which reviews proposed acquisitions of U.S. assets by foreign investors.
-
Foreign Airlines Allowed To Invest Up To 49% In Air India
This move is expected to expedite Air India's divestment process.
-
US' Loss, Europe's Gain? EU Says 'Open To Highly Skilled Indian Professionals'
The European Union today said it is ready to accommodate more Indian IT professionals and denounced any form of protectionism in global trade, amid anxiety over the Trump administration's possible clampdown on H1B visa. Pushing for deeper trade ties with India, a delegation of European Parliament's Committee on Foreign Affairs also expressed "regre...
-
Investment Board Refers Holcim Proposal To Cabinet For Approval
Inter-ministerial body FIPB has referred the Rs 3,400-crore foreign investment proposal of Holcim (India) to the Cabinet Committee on Economic Affairs for approval, while deferred the decision on Vodafone's application for acquisition of You Broadband India.
-
Higher Foreign Investment Cap To Boost Global Capital: Yes Bank
Yes Bank on Thursday said approval by the government to hike the foreign investment limit to 74 per cent will enhance the private sector lender's flexibility in raising capital at a global level going forward.
-
Cabinet Okays Yes Bank Proposal To Raise Foreign Investment Limit
The Cabinet Committee on Economic Affairs on Wednesday approved Yes Bank's proposal to increase foreign investment limit in the bank to 74 per cent, entailing FDI inflows of $1 billion (Rs 6,885 crore).
-
Cabinet To Decide On Axis Bank Rs 12,973 Crore Foreign Investment Proposal
The Cabinet Committee on Economic Affairs will take a final call on Axis Bank's Rs 12,973-crore foreign investment proposal, the Finance Ministry said on Wednesday.
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FIPB Clears 15 Proposals Worth Rs 7,262 Crore
Japanese insurer Nippon Life Insurance, Tata AIA and Aviva Life were among the 15 companies whose foreign direct investment proposals totalling Rs 7,262 crore have been approved by the FIPB.
