Nri Investment In Up

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.

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.

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.

The RBI monitors the ceilings on FII/NRI/PIO investments in Indian companies on a daily basis and has fixed the cut-off points two percentage points lower than the actual ceiling.

In a bid to woo non-resident Indians (NRIs) from Uttar Pradesh to invest in the state, the state government launched a website for them late Sunday, officials said.

In order to encourage more overseas investments into India, the government has set up a committee to look into the possibility of treating non-repatriable NRI funds as domestic investment.

The Reserve Bank of India (RBI) on Thursday said overseas investors, including foreign portfolio investors (FPIs) and non-resident Indians (NRIs), can invest up to 26 per cent in insurance and allied activities through the automatic route.

India plans a roadshow next week in five Gulf countries to attract sovereign funds.

Indians living abroad are now looking back home for some lucrative gains as the currency market throws up good investment options. 28-year old Kabir Batra is living the great Indian dream in America, a secure job at Siemens, enough savings and now it is time for making future investments. And during his holiday trip to Delhi he spotted the right op...

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.

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.

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.

The RBI monitors the ceilings on FII/NRI/PIO investments in Indian companies on a daily basis and has fixed the cut-off points two percentage points lower than the actual ceiling.

In a bid to woo non-resident Indians (NRIs) from Uttar Pradesh to invest in the state, the state government launched a website for them late Sunday, officials said.

In order to encourage more overseas investments into India, the government has set up a committee to look into the possibility of treating non-repatriable NRI funds as domestic investment.

The Reserve Bank of India (RBI) on Thursday said overseas investors, including foreign portfolio investors (FPIs) and non-resident Indians (NRIs), can invest up to 26 per cent in insurance and allied activities through the automatic route.

India plans a roadshow next week in five Gulf countries to attract sovereign funds.

Indians living abroad are now looking back home for some lucrative gains as the currency market throws up good investment options. 28-year old Kabir Batra is living the great Indian dream in America, a secure job at Siemens, enough savings and now it is time for making future investments. And during his holiday trip to Delhi he spotted the right op...