Foreign Investment Proposals
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Singapore Airlines Gets India's Nod For Vistara-Air India Merger
Singapore Airlines on Friday said it has received approval from the Indian government for the foreign direct investment as part of the proposed merger of Vistara with Air India, a deal that will create one of the world's largest airline groups.
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Tiger Global, Other Investors Ask Indian Government to Reconsider Online Gaming Tax, Cite Investment Risk
Tiger Global, Peak XV and Steadview Capital are among 30 foreign and domestic investors asking Indian Prime Minister Narendra Modi to review a 28 percent gaming tax, saying the levy would adversely impact $4 billion (roughly Rs. 32,800 crore) in prospective investments, a letter showed.
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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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UP Government To Hold Roadshows Globally Ahead Of Mega Investor Summit: Report
Uttar Pradesh Chief Minister Yogi Adityanath will be sending a group of ministers on foreign tours, to showcase the state as an 'investment hub' ahead of the proposed Global Investor Summit in 2023.
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Foreign Investment Facilitation Portal Okayed 853 FDI Proposals In 5 Years
The Foreign Investment Facilitation Portal (FIF) has disposed off as many as 853 FDI proposals in the last five years of its existence
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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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Government May Allow Foreign Direct Investment In IPO-Bound LIC: Report
The government is mulling allowing foreign direct investment (FDI) in the country's largest insurer LIC, a move which would help overseas investors take part in the company's proposed mega IPO
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India’s New E-Commerce Rules Considered ‘Cause for Concern’ by US Lobby Group, Email Shows
A top lobby group that is part of the US Chamber of Commerce believes India's proposed new e-commerce rules are a cause for concern and will lead to a stringent operating environment for companies, according to an email.
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Government Moves Cabinet Note To Seek 100% Foreign Investment In Oil Companies
Commerce Ministry has floated a draft cabinet note seeking views on a proposal to allow up to 100 per cent foreign investment in oil and gas companies
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45 Chinese Investment Proposals To Be Cleared? Government Sources Clarify
No Chinese company has been given the green signal to invest in India and no proposal has been accepted either, government sources said today, denying a report that said scores of investment proposals from China were set to be cleared after easing of border tensions.
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India Doubles Healthcare Spending, More FDI Allowed In Insurance
India proposed doubling healthcare spending in an annual budget unveiled on Monday and lifted caps on foreigners investing in its vast insurance market to help revive an economy that suffered its deepest recorded slump as a result of the pandemic.
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Government Received 120-130 FDI Proposals Worth Rs 12,000 Crores From China Since April: Report
The government has received over 120 foreign direct investment (FDI) proposals worth about Rs 12,000 crore from China since April, when it was made mandatory for a company from countries sharing land border with India to invest in any sector only after getting government approval, sources said.
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India Stymies Investment From Hong Kong Amid China Border Row: Report
India is subjecting foreign investment proposals from Hong Kong at par with China as part of a new policy that makes approval mandatory for plans from countries that share a land border, a person with the knowledge of the matter said.
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Foreign Investment Restrictions Proposed In Pension Funds Amid China Standoff
The changes have been proposed in accordance with Department for Promotion of Industry and Internal Trade (DPIIT) guidelines issued in April.
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India Plans Tougher Scrutiny For Portfolio Investors From China, Hong Kong: Report
India has drafted rules proposing tighter scrutiny of new Foreign Portfolio Investors (FPIs) from China and Hong Kong, three government sources told Reuters, its latest effort to check foreign inflows during the coronavirus pandemic.
-
Singapore Airlines Gets India's Nod For Vistara-Air India Merger
Singapore Airlines on Friday said it has received approval from the Indian government for the foreign direct investment as part of the proposed merger of Vistara with Air India, a deal that will create one of the world's largest airline groups.
-
Tiger Global, Other Investors Ask Indian Government to Reconsider Online Gaming Tax, Cite Investment Risk
Tiger Global, Peak XV and Steadview Capital are among 30 foreign and domestic investors asking Indian Prime Minister Narendra Modi to review a 28 percent gaming tax, saying the levy would adversely impact $4 billion (roughly Rs. 32,800 crore) in prospective investments, a letter showed.
-
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...
-
UP Government To Hold Roadshows Globally Ahead Of Mega Investor Summit: Report
Uttar Pradesh Chief Minister Yogi Adityanath will be sending a group of ministers on foreign tours, to showcase the state as an 'investment hub' ahead of the proposed Global Investor Summit in 2023.
-
Foreign Investment Facilitation Portal Okayed 853 FDI Proposals In 5 Years
The Foreign Investment Facilitation Portal (FIF) has disposed off as many as 853 FDI proposals in the last five years of its existence
-
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
-
Government May Allow Foreign Direct Investment In IPO-Bound LIC: Report
The government is mulling allowing foreign direct investment (FDI) in the country's largest insurer LIC, a move which would help overseas investors take part in the company's proposed mega IPO
-
India’s New E-Commerce Rules Considered ‘Cause for Concern’ by US Lobby Group, Email Shows
A top lobby group that is part of the US Chamber of Commerce believes India's proposed new e-commerce rules are a cause for concern and will lead to a stringent operating environment for companies, according to an email.
-
Government Moves Cabinet Note To Seek 100% Foreign Investment In Oil Companies
Commerce Ministry has floated a draft cabinet note seeking views on a proposal to allow up to 100 per cent foreign investment in oil and gas companies
-
45 Chinese Investment Proposals To Be Cleared? Government Sources Clarify
No Chinese company has been given the green signal to invest in India and no proposal has been accepted either, government sources said today, denying a report that said scores of investment proposals from China were set to be cleared after easing of border tensions.
-
India Doubles Healthcare Spending, More FDI Allowed In Insurance
India proposed doubling healthcare spending in an annual budget unveiled on Monday and lifted caps on foreigners investing in its vast insurance market to help revive an economy that suffered its deepest recorded slump as a result of the pandemic.
-
Government Received 120-130 FDI Proposals Worth Rs 12,000 Crores From China Since April: Report
The government has received over 120 foreign direct investment (FDI) proposals worth about Rs 12,000 crore from China since April, when it was made mandatory for a company from countries sharing land border with India to invest in any sector only after getting government approval, sources said.
-
India Stymies Investment From Hong Kong Amid China Border Row: Report
India is subjecting foreign investment proposals from Hong Kong at par with China as part of a new policy that makes approval mandatory for plans from countries that share a land border, a person with the knowledge of the matter said.
-
Foreign Investment Restrictions Proposed In Pension Funds Amid China Standoff
The changes have been proposed in accordance with Department for Promotion of Industry and Internal Trade (DPIIT) guidelines issued in April.
-
India Plans Tougher Scrutiny For Portfolio Investors From China, Hong Kong: Report
India has drafted rules proposing tighter scrutiny of new Foreign Portfolio Investors (FPIs) from China and Hong Kong, three government sources told Reuters, its latest effort to check foreign inflows during the coronavirus pandemic.
