Nri Investment

Karnataka Deputy Chief Minister D K Shivakumar on Wednesday said the state government will open a separate secretariat for non-resident Indians who want to invest in the state.

As per the existing norms, 100 per cent FDI is permitted in scheduled domestic carriers, subject to certain conditions, including that it would not be applicable for overseas airlines. In the case of scheduled airlines, 49 per cent FDI is permitted through automatic approval route and any such investment beyond that level requires government nod.

Finance Minister Nirmala Sitharaman announced in the Union Budget on Saturday that NRIs will be allowed to invest in certain categories of GSecs.

Nirmala Sitharaman said that NRI investment in the country would be made much easier by merging NRI portfolio route with foreign portfolio investment.

Finance Minister Nirmala Sitharaman, presenting the Union Budget, said that non-resident Indians (NRIs) may get Aadhaar cards on arrival, without the mandatory waiting period. The government is contemplating enhancing foreign direct investment (FDI) in media and aviation sectors, Ms Sitharaman said today while presenting her first budget. Ms Sitha...

Earlier this month, Indian markets fell sharply after a group of fund managers raised fresh concerns over an April circular from the market regulator related to rules on foreign funds ownership by entities of Indian origin.

SEBI said a company majority owned by non-resident Indians (NRIs) or persons of Indian origin (PIOs) will not be allowed to invest as a foreign portfolio investor in the country. SEBI directed such funds to be closed or the ownership structure should be changed by December 31, 2018.

Bhupendra Kumar Modi, a Singapore-based NRI is planning to implement projects worth $2 billion in India, focusing on green initiatives such as electric vehicles (EVs) and healthcare centre.

Leading NRI businessman Yusuffali MA has acquired an iconic Scottish hotel based in Edinburgh in a 120-million-dollar deal clinched by Twenty14 Holdings (T14H), the hospitality investment arm of his Abu Dhabi headquartered Lulu Group International.

The RBI monitors the ceilings on investments of foreign institute investors/NRIs/persons of Indian origins in Indian companies on a daily basis and has fixed the cut-off points two percentage points lower than the actual ceiling.

India could become open defecation free by 2019 if the nearly 2 crore non-resident Indians (NRIs) each contributes to building six toilets over a span of three years, the founder of Sulabh International said today.

Buoyed by relaxation of foreign direct investment norms, NRI tycoon Yusuffali M A, who heads the Dubai-based retail conglomerate Lulu Group, has announced investment of over Rs 7,000 crore in India for setting up shopping malls and hotels.

Five leading Indian-owned businesses in the UAE will invest over USD 3.68 billion in infrastructure and industrial development initiatives in Uttar Pradesh after an MoU was signed in this regard during an investment forum held in Dubai.

UAE-based Lulu Group, which runs a retail chain of over 120 hypermarkets in the Middle East, has decided to invest Rs 5,000 crore in India over the next four years, largely for setting up shopping malls.

NRI billionaire Anil Agarwal on Saturday announced that he will set up India's first LCD manufacturing facility, which will see an investment of $10 billion (about Rs 68,000 crore) in five phases.

Karnataka Deputy Chief Minister D K Shivakumar on Wednesday said the state government will open a separate secretariat for non-resident Indians who want to invest in the state.

As per the existing norms, 100 per cent FDI is permitted in scheduled domestic carriers, subject to certain conditions, including that it would not be applicable for overseas airlines. In the case of scheduled airlines, 49 per cent FDI is permitted through automatic approval route and any such investment beyond that level requires government nod.

Finance Minister Nirmala Sitharaman announced in the Union Budget on Saturday that NRIs will be allowed to invest in certain categories of GSecs.

Nirmala Sitharaman said that NRI investment in the country would be made much easier by merging NRI portfolio route with foreign portfolio investment.

Finance Minister Nirmala Sitharaman, presenting the Union Budget, said that non-resident Indians (NRIs) may get Aadhaar cards on arrival, without the mandatory waiting period. The government is contemplating enhancing foreign direct investment (FDI) in media and aviation sectors, Ms Sitharaman said today while presenting her first budget. Ms Sitha...

Earlier this month, Indian markets fell sharply after a group of fund managers raised fresh concerns over an April circular from the market regulator related to rules on foreign funds ownership by entities of Indian origin.

SEBI said a company majority owned by non-resident Indians (NRIs) or persons of Indian origin (PIOs) will not be allowed to invest as a foreign portfolio investor in the country. SEBI directed such funds to be closed or the ownership structure should be changed by December 31, 2018.

Bhupendra Kumar Modi, a Singapore-based NRI is planning to implement projects worth $2 billion in India, focusing on green initiatives such as electric vehicles (EVs) and healthcare centre.

Leading NRI businessman Yusuffali MA has acquired an iconic Scottish hotel based in Edinburgh in a 120-million-dollar deal clinched by Twenty14 Holdings (T14H), the hospitality investment arm of his Abu Dhabi headquartered Lulu Group International.

The RBI monitors the ceilings on investments of foreign institute investors/NRIs/persons of Indian origins in Indian companies on a daily basis and has fixed the cut-off points two percentage points lower than the actual ceiling.

India could become open defecation free by 2019 if the nearly 2 crore non-resident Indians (NRIs) each contributes to building six toilets over a span of three years, the founder of Sulabh International said today.

Buoyed by relaxation of foreign direct investment norms, NRI tycoon Yusuffali M A, who heads the Dubai-based retail conglomerate Lulu Group, has announced investment of over Rs 7,000 crore in India for setting up shopping malls and hotels.

Five leading Indian-owned businesses in the UAE will invest over USD 3.68 billion in infrastructure and industrial development initiatives in Uttar Pradesh after an MoU was signed in this regard during an investment forum held in Dubai.

UAE-based Lulu Group, which runs a retail chain of over 120 hypermarkets in the Middle East, has decided to invest Rs 5,000 crore in India over the next four years, largely for setting up shopping malls.

NRI billionaire Anil Agarwal on Saturday announced that he will set up India's first LCD manufacturing facility, which will see an investment of $10 billion (about Rs 68,000 crore) in five phases.