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Karnataka Will Have Separate Secretariat For NRIs: DK Shivakumar
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.
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NRIs Can Now Own 100% In Air India Via Automatic Route
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.
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Non-Resident Indians Allowed To Invest In Government Securities
Finance Minister Nirmala Sitharaman announced in the Union Budget on Saturday that NRIs will be allowed to invest in certain categories of GSecs.
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Union Budget Proposes To Make NRI Investment Much Easier
Nirmala Sitharaman said that NRI investment in the country would be made much easier by merging NRI portfolio route with foreign portfolio investment.
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Budget 2019 Updates: "Budget Presented With 10 Year Vision In Mind," Says Nirmala Sitharaman
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...
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Sebi Eases Foreign Fund Rules For Non-Residents
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.
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Stock Markets Dive On Fresh Concerns Over Sebi Foreign Fund Rules
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.
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With Focus On Health, Green Tech, NRI Plans To Invest Billions In India
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.
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NRI Retail King Yusuffali MA Acquires Iconic Scottish Hotel In A 120-Million-Dollar Deal
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.
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Foreign Investors Can Buy Up To 30% Stake In Aditya Birla Nuvo: RBI
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.
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Sulabh International Founder Asks NRIs To Invest In Toilets In India
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.
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Lulu Group To Invest Rs 7,000 Crore In India
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.
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UAE-Based Indian Firms To Invest USD 3.6 Billion In UP
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.
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UAE-Based Lulu Group to Invest Rs 5,000 Crore in India
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.
-
Anil Agarwal-Led Firm to 'Set Up' $10-Billion LCD Manufacturing Unit in India
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 Will Have Separate Secretariat For NRIs: DK Shivakumar
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.
-
NRIs Can Now Own 100% In Air India Via Automatic Route
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.
-
Non-Resident Indians Allowed To Invest In Government Securities
Finance Minister Nirmala Sitharaman announced in the Union Budget on Saturday that NRIs will be allowed to invest in certain categories of GSecs.
-
Union Budget Proposes To Make NRI Investment Much Easier
Nirmala Sitharaman said that NRI investment in the country would be made much easier by merging NRI portfolio route with foreign portfolio investment.
-
Budget 2019 Updates: "Budget Presented With 10 Year Vision In Mind," Says Nirmala Sitharaman
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...
-
Sebi Eases Foreign Fund Rules For Non-Residents
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.
-
Stock Markets Dive On Fresh Concerns Over Sebi Foreign Fund Rules
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.
-
With Focus On Health, Green Tech, NRI Plans To Invest Billions In India
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.
-
NRI Retail King Yusuffali MA Acquires Iconic Scottish Hotel In A 120-Million-Dollar Deal
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.
-
Foreign Investors Can Buy Up To 30% Stake In Aditya Birla Nuvo: RBI
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.
-
Sulabh International Founder Asks NRIs To Invest In Toilets In India
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.
-
Lulu Group To Invest Rs 7,000 Crore In India
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.
-
UAE-Based Indian Firms To Invest USD 3.6 Billion In UP
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 to Invest Rs 5,000 Crore in India
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.
-
Anil Agarwal-Led Firm to 'Set Up' $10-Billion LCD Manufacturing Unit in India
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.
