Foreign Investment News
FEMA regulations mandate that issue of a capital instrument by an Indian company shall not happen at any value less than Fair Market Value computed as per FEMA laws.
Foreign investors have pulled out a net of over Rs 17,000 crore this month.
The reason is linked to the attractiveness of the Chinese markets and the cautious stance adopted by them ahead of the Union Budget and US Federal Reserve meeting.
In 2022, FPIs sold equities worth Rs 221,454 crore, data showed
Sensex and Nifty declined around 8-10 percent each during this period
FPIs are selling more in India because the currency is vulnerable to further depreciation: VK Vijayakumar
Foreign Institutional Investors (FIIs) profoundly influence investor sentiments at the bourses.
These clarifications have come against the backdrop of new provisions announced by the DIPP related to FDI in e-commerce sector last month.
China and the US are currently engaged in a trade conflict and have slapped tit-for-tat tariffs of hundreds of billions of dollars on each other's goods.
According to the article in Global Times, “China can reshape India’s infrastructure landscape”.
The foreign fund inflows in April-June 2017-18 stood at USD 10.4 billion, the Department of Industrial Policy and Promotion data showed.
Former union minister P. Chidambaram`s son Karti Chidambaram will appear before Central Bureau of Investigation (CBI) on Wednesday.
The boards of both the companies have passed resolutions to hike the limit of foreign investment to up to 74 percent, RBI said.
China has removed 27 restrictions in its newly issued negative list for foreign investment in its free-trade zones, its cabinet said on Friday in a notice.
The government on Tuesday said post the abolition of the FIPB, ministries will have to decide on FDI proposals within 60 days of the application and any rejection will need concurrence of the DIPP.
Lack of transparency and a difficult bureaucracy underpinned by multiple agencies are creating obstacles in the growth of India's mining industry, says a report.
Cash and ATM management companies will soon be allowed to attract 100 percent foreign direct investment as they are not required to comply with the Private Security Agencies (Regulation) Act (PSARA).
Chidambaram's remarks comes a day after the Supreme Court asked the CBI to file status report on the probe being carried out on various aspects of the Aircel-Maxis deal.
To further boost securities market, Sebi on Wednesday relaxed funding rules for start-ups and allowed foreign investment in unlisted corporate bonds while it barred private equity funds and promoters of listed firms from entering into side deals for profit sharing.
India and Canada are expected to deliberate on ways for early conclusion of the proposed free trade agreement and foreign investment promotion and protection pact.
Indian firms' overseas direct investment fell 84 per cent to USD 399.06 million in August, data from RBI showed.
The Finance Minister said that foreign investment is important for India in order to have larger investment in infrastructure sector.
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