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India Set To Double Investment Limit For Foreign Individuals: Report
RBI is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.
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Rat Found In Miso Soup At Popular Restaurant Chain In Japan, Company Apologises
Japanese bowl chain Sukiya has apologised after a rat was found in miso soup served at one of its stores in Tottori City (the official statement calls the rat "a foreign object.").
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Paytm Gets Probe Agency Notice Over Foreign Exchange Rule Violation by Units
The Enforcement Directorate has sent a notice to Paytm-owner One97 Communications for alleged violation of certain FEMA rules by the company and its two subsidiaries
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Can A US Student Visa Be Converted To An H-1B Work Visa? Explained
Study Abroad: The H-1B visa enables US companies to hire skilled foreign professionals for specialised jobs requiring at least a bachelor's degree or its equivalent.
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"Disaster": Trump Halts Law Barring Firms From Bribing Foreign Officials
President Donald Trump signed an executive order rolling back enforcement of a law that bars US companies from bribing foreign officials, arguing that the restriction puts American firms at a disadvantage.
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Want To Work In New Zealand? Check New Visa Rules For Foreign Workers
New Zealand work visa rules: The visa changes allow foreigners to work remotely for their home country companies while staying in New Zealand, with added benefits such as no taxation on remote work income for stays under 90 days.
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"Such Reckless Acts...": Lawmaker Says Soros Angle To Adani Probe, Slams Biden
Influential Republican lawmaker Lance Gooden has called out the Biden administration's decision to probe billionaire Gautam Adani's companies for selective actions in prosecuting foreign entities.
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Outgoing US Government Relaxes H-1B Visa Rules. What It Means For Indians
The outgoing Biden administration has relaxed rules for H-1B visas that will make it easier for American companies to hire foreign workers with special skills.
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UK Approves Centuries-Old Royal Mail's Takeover By Czech Billionaire Daniel Kretinsky's EP Group
Britain's centuries-old Royal Mail is set to pass into foreign ownership after the UK government Monday approved the takeover of its parent company by Czech billionaire Daniel Kretinsky's EP Group.
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Chargesheet Filed Against Foreign Service Officer In Money Laundering Case
The Enforcement Directorate on Wednesday said it has filed a chargesheet against Indian Foreign Service officer Neeharika Singh, her husband, and his companies as part of an alleged investment fraud linked money laundering case.
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Apple Said to Be in Discussions With Several Indian Firms to Replace Chinese Suppliers
Apple is in discussions with several Indian companies to develop its supply chain ecosystem within the country, according to a report. The company has been shifting its production to other areas in recent years, such as India and Vietnam, after relying heavily on Chinese suppliers until 2020. Apple is reportedly exploring opportunities to establish...
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ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
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Canada Orders Shutdown of TikTok's Business in Country, App Access to Continue
Under Canadian law, the government can assess potential risks to national security from foreign investments, such as the TikTok proposal. The law prevents the government from revealing the details of such investments.
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"Have 6 Months": Indian Man Diagnosed With Cancer In US, Seeks H-1B Guidance
The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in specialty occupations that require theoretical or technical expertise.
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Fighting Brazil Ban, Elon Musk's X Names Legal Representative
Brazilian law requires foreign companies to name a legal representative to operate in the country. The representative would assume the legal responsibilities for the firm locally.
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India Set To Double Investment Limit For Foreign Individuals: Report
RBI is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.
-
Rat Found In Miso Soup At Popular Restaurant Chain In Japan, Company Apologises
Japanese bowl chain Sukiya has apologised after a rat was found in miso soup served at one of its stores in Tottori City (the official statement calls the rat "a foreign object.").
-
Paytm Gets Probe Agency Notice Over Foreign Exchange Rule Violation by Units
The Enforcement Directorate has sent a notice to Paytm-owner One97 Communications for alleged violation of certain FEMA rules by the company and its two subsidiaries
-
Can A US Student Visa Be Converted To An H-1B Work Visa? Explained
Study Abroad: The H-1B visa enables US companies to hire skilled foreign professionals for specialised jobs requiring at least a bachelor's degree or its equivalent.
-
"Disaster": Trump Halts Law Barring Firms From Bribing Foreign Officials
President Donald Trump signed an executive order rolling back enforcement of a law that bars US companies from bribing foreign officials, arguing that the restriction puts American firms at a disadvantage.
-
Want To Work In New Zealand? Check New Visa Rules For Foreign Workers
New Zealand work visa rules: The visa changes allow foreigners to work remotely for their home country companies while staying in New Zealand, with added benefits such as no taxation on remote work income for stays under 90 days.
-
"Such Reckless Acts...": Lawmaker Says Soros Angle To Adani Probe, Slams Biden
Influential Republican lawmaker Lance Gooden has called out the Biden administration's decision to probe billionaire Gautam Adani's companies for selective actions in prosecuting foreign entities.
-
Outgoing US Government Relaxes H-1B Visa Rules. What It Means For Indians
The outgoing Biden administration has relaxed rules for H-1B visas that will make it easier for American companies to hire foreign workers with special skills.
-
UK Approves Centuries-Old Royal Mail's Takeover By Czech Billionaire Daniel Kretinsky's EP Group
Britain's centuries-old Royal Mail is set to pass into foreign ownership after the UK government Monday approved the takeover of its parent company by Czech billionaire Daniel Kretinsky's EP Group.
-
Chargesheet Filed Against Foreign Service Officer In Money Laundering Case
The Enforcement Directorate on Wednesday said it has filed a chargesheet against Indian Foreign Service officer Neeharika Singh, her husband, and his companies as part of an alleged investment fraud linked money laundering case.
-
Apple Said to Be in Discussions With Several Indian Firms to Replace Chinese Suppliers
Apple is in discussions with several Indian companies to develop its supply chain ecosystem within the country, according to a report. The company has been shifting its production to other areas in recent years, such as India and Vietnam, after relying heavily on Chinese suppliers until 2020. Apple is reportedly exploring opportunities to establish...
-
ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
-
Canada Orders Shutdown of TikTok's Business in Country, App Access to Continue
Under Canadian law, the government can assess potential risks to national security from foreign investments, such as the TikTok proposal. The law prevents the government from revealing the details of such investments.
-
"Have 6 Months": Indian Man Diagnosed With Cancer In US, Seeks H-1B Guidance
The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in specialty occupations that require theoretical or technical expertise.
-
Fighting Brazil Ban, Elon Musk's X Names Legal Representative
Brazilian law requires foreign companies to name a legal representative to operate in the country. The representative would assume the legal responsibilities for the firm locally.
