FDI
Finmin for tighter FDI control
By admin at 5 April, 2010, 10:09 am
Favours check on downstream investments by firms with minority foreign shareholding.
The finance ministry has proposed to tighten the foreign direct investment (FDI) regime in the country. It has sought to route a larger number of investments by companies where the foreign stakeholding is less than 50 per cent through the Foreign Investment Promotion Board (FIPB).
Such [...]
CoS to discuss security concerns over FDI
By admin at 19 January, 2010, 11:53 am
A Committee of Secretaries (CoS) is meeting tomorrow to discuss the security concerns raised by the National Security Council (NSC) regarding foreign investment inflows into the country.
The CoS, headed by the Cabinet Secretary, will discuss the “funding options through FDI, Participatory Notes (PN), etc in the sensitive sectors and would dwell on other security matters [...]
Finmin opposes FDI maths, wants review
By admin at 5 January, 2010, 4:08 pm
The finance ministry, upset with the new rules for calculating foreign direct investment (FDI) in Indian companies, has sought to overhaul the entire policy to shut ‘loopholes’ that allow investors to breach sectoral FDI caps through investments via offshoots.
In a fresh missive to the Department of Industrial Policy and Promotion (DIPP), the government body [...]
A hike in FDI limits will ensure a more efficient insurance sector
By admin at 5 January, 2010, 11:23 am
A decade after liberalisation, the insurance industry is struggling with low penetration levels — 4 per cent of gross domestic product (GDP) in case of life and 0.65 per cent in case of non-life insurance. Insurance Regulatory and Development Authority (Irda) Chairman J HARI NARAYAN tells Shilpy Sinha that while capital should be the focus [...]
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