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6 days, 17 hours ago

The fintech company that collapsed and took $90m of people’s life savings with it

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Banking Money Bank Fintech Million Banks Morris

1 month, 1 week ago

RBI, Sebi issue framework for reclassifying FPI investments as FDI

New Indian Express

MUMBAI: The Reserve Bank of India and the Securities and Exchange Board have directed foreign portfolio investors to obtain necessary approvals from the government and concurrence from the investee companies in cases of acquisition of equity holdings beyond the prescribed limits. The direction better aligns with the Fema rules, the regulators said in separate notifications Monday and helps lift the …

Fdi Fpi Investments

8 months, 2 weeks ago

BBC transfers newsroom and publishing license to private company, 'Collective Newsroom', established by its Indian staff

Op India

The United Kingdom’s state-owned broadcaster, the British Broadcasting Corporation, has transferred its newsroom in India along with its publishing license to a private limited company established by its Indian staff. Under the new arrangement, the private limited company named “Collective Newsroom” has been established by four former BBC employees. Speaking to The Indian Express, Chief Executive Officer of the Collective …

India Tax Indian Collective Bbc Newsroom Fdi

9 months ago

Nation to grant FDI greater access to its markets

China Daily

Investment: Policies bring about new growth opportunities China will further shorten the negative list for foreign investment and implement pilot programs to ease access for global companies in the fields of scientific and technological innovation, said an action plan released by the General Office of the State Council, China's Cabinet, on Tuesday. Moreover, the adoption of strategies like "decoupling" and …

Global China Investment Foreign Investment Foreign Global Companies

9 months ago

Nation to grant FDI greater access to its markets

China Daily

Investment: Policies bring about new growth opportunities China will further shorten the negative list for foreign investment and implement pilot programs to ease access for global companies in the fields of scientific and technological innovation, said an action plan released by the General Office of the State Council, China's Cabinet, on Tuesday. Moreover, the adoption of strategies like "decoupling" and …

Global China Investment Foreign Investment Foreign Global Companies

9 months ago

Nation to grant FDI greater access to its markets

China Daily

High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. Investment: Policies bring about new growth opportunities China will further shorten the negative list for foreign investment and implement pilot programs to ease access for global companies in the fields of scientific and technological innovation, said an action plan released by the General Office of the State …

Global China Investment Foreign Investment Foreign Global Companies

10 months ago

ED issues fresh look-out notice against Byju Raveendran

The Hindu

The Enforcement Directorate has issued a fresh look-out notice against edutech entrepreneur Byju Raveendran in connection with the inquiry into alleged violation of the Foreign Exchange Management Act involving ₹9,362.35 crore. In November last year, the FEMA Adjudicating Authority had issued show cause notices to Think & Learn Private Limited, which runs education portal Byju’s, and Mr. Raveendran, based on …

Company Fema Foreign Fdi Raveendran

1 year, 1 month ago

Sweden's Saab to make shoulder-fired rockets in Haryana under 100% FDI

Op India

India has approved the first-ever 100% foreign direct investment in the defence industry, allowing Swedish company Saab to establish a new facility for the production of rockets, according to a report in The Economic Times. Mats Palmberg, chairman and managing director of Saab India stated, “We are proud to be the first global defence company to be approved by the …

India Indian 100 System Weapon Carl Fdi

1 year, 4 months ago

NewsClick was probed by Enforcement Directorate 2 years before China-link report

India Today

The Enforcement Directorate began investigating New-Delhi based NewsClick over foreign funding in 2021, well before a New York Times investigative report last week revealed the news portal’s alleged Chinese links. The ED Investigation revealed that Prabir Purkayastha, the Director of Newsclick, had known Navielle Roy Singham of Worldwide Media Holdings LLC since 2017. Based on seized digital evidence, it was …

India China Report Crore Roy Chinese Foreign

1 year, 7 months ago

Byju's ED Raid: CEO Byju Raveendran Says Company In Compliance, Brought More FDI Than Any Other Startup

News 18

After financial crime-fighting agency ED searched Byju’s premises, the education platform’s CEO Byju Raveendran wrote to employees saying the company brought more FDI to India than any other startup and that the firm fully complies with all applicable foreign exchange laws. “As we are funded by 70+ impact investors who have satisfactorily done due diligence on our operations, including all …

India Fema Foreign Byju Fdi Raveendran More Fdi

1 year, 7 months ago

Byju’s brought more FDI to India than other startups, company in compliance with laws: CEO after ED raid

The Hindu

After financial crime-fighting agency ED searched Byju's premises, the education platform's CEO Raveendran Byju wrote to employees saying the company brought more FDI to India than any other startup and that the firm fully complies with all applicable foreign exchange laws. "As we are funded by 70+ impact investors who have satisfactorily done due diligence on our operations, including all …

India Fema Foreign Byju Fdi Raveendran More Fdi

2 years, 3 months ago

Foreign Direct Investment In India: Law And Procedure

Live Law

1.1 What is FDI? In terms of Rule 2 of Foreign Exchange Management Rules, 2019, "Foreign Direct Investment means investment through equity instruments by a person resident outside India in an unlisted Indian company; or in ten percent or more of the post issue paid-up equity capital on a fully diluted basis of a listed Indian company." Since the 1991 …

India Indian Foreign Investment Company Foreign Direct Investment Issue Direct

2 years, 5 months ago

Explained | The ED and CBI’s cases against Amnesty International India and Aakar Patel

The Hindu

The story so far: A day after the Enforcement Directorate imposed a fine of ₹51.72 crore on Amnesty India and ₹10 crore on its former CEO Aakar Patel in relation to an alleged violation of the Foreign Exchange Management Act, the agency on July 9 filed a chargesheet against Amnesty India and associated entities in a money laundering case. According …

India International Bengaluru Delhi Money Laundering Indian Kashmir

2 years, 5 months ago

Traders' body CAIT alleges FDI, GST norms violated by Metro Cash & Carry, German retailer refutes allegations

Firstpost

CAIT said that as per reports, Metro Germany is looking to sell the India business and make profits of over Rs 10,000 crore on its investment in the country Metro Cash and Carry has been accused by the traders’ body Confederation of All India Traders of fund diversion and violating foreign direct investment, or FDI, regulations and flouting goods and …

Business India Indian Metro German Sell Carry

2 years, 6 months ago

400 Chartered Accountants, Company Secretaries under scanner for helping Chinese firms

The Hindu

The Central government has recommended disciplinary action against 400 Chartered Accountants and Company Secretaries for their alleged role in incorporating Chinese shell companies in metropolitan cities by flouting norms and rules, The Hindu has learnt. The Institute of Chartered Accountants of India, a statutory body that regulates the profession of Chartered Accountancy in the country, said in a statement to …

India Disciplinary Action Companies Hindu Chinese Chinese Companies Mha

2 years, 9 months ago

Days ahead of LIC IPO, Modi govt approves FDI up to 20%

Hindustan Times

Continuing with its efforts to make India an attractive investment destination, an amendment has been approved to permit foreign direct investment in the Life Insurance Corporation of India with the existing policy further simplified. The FDI policy reform will further enhance ‘ease of doing business’ in the country, leading to larger FDI inflows and, thereby, contributing to the growth of …

India Policy Insurance Foreign Investment Foreign Ipo Lic

2 years, 10 months ago

Steps to boost foreign direct investment

China Daily

Visitors take photos at the Universal Beijing Resort as the Universal Studios theme park opens to the general public on Sept 20, 2021. Stability, steady growth, improving trade quality will be priorities for China in 2022 China will expand items in the industry catalog that encourages foreign investment, and further beef up preferential land and tax policies, to guide the …

Growth China Trade Foreign Investment Foreign Trade Foreign Direct Investment Nation

3 years, 3 months ago

Yahoo shuts down news sites, digital content in India due to new FDI rules; Yahoo Mail to continue

Firstpost

As per the new FDI regulations, digital media companies in India can accept up to 26% investment in the form of foreign investment, subject to approval from the Centre Yahoo has shut down its news websites in India due to the new foreign direct investment rules that limit foreign ownership of media companies that operate and publish digital content in …

India Digital Foreign Investment Content Media Companies Investment Fdi Yahoo

3 years, 4 months ago

In Compliance with Indian Laws, Will Cooperate with Enforcement Directorate on Notice: Flipkart

News 18

Walmart-owned Flipkart on Thursday said the company is in compliance with Indian laws, including FDI regulations, and will cooperate with the Enforcement Directorate on the notice sent to the e-commerce major. The Enforcement Directorate has issued a show cause notice of Rs 10,600 crore to Flipkart and its promoters for alleged violation of the foreign exchange law, official sources said …

Indian Laws Walmart Enforcement Directorate Fdi Laws Including Notice Flipkart Indian Laws Including

3 years, 4 months ago

Govt permits 100% FDI in oil PSUs approved for strategic disinvestment

Business Standard

The government on Thursday permitted 100 per cent foreign investment under the automatic route in oil and gas PSUs which have received in-principle approval for strategic disinvestment. "Foreign investment up to 100 per cent under the automatic route is allowed in case an 'in-principle' approval for strategic disinvestment of a PSU has been granted by the government," it said. Two …

Oil Cent Stake Psu Bpcl Fdi Strategic Disinvestment

3 years, 5 months ago

Union Cabinet Likely to Approve 100% FDI in BPCL Today

News 18

The Union Cabinet is likely up to approve 100 per cent foreign direct investment in the Bharat Petroleum Corporation, according to sources at CNBC Awaaz. The government, which owns a 52.98 per cent stake in the company is rolling out the divestment process of its holdings in an effort to raise R 1.75 lakh crore in proceeds in FY22. As …

Company Cent Stake Bpcl 100 Fdi

4 years, 1 month ago

Govt Seeks Compliance of 26% FDI in Digital News Within A Month

News 18

The Ministry of Information and Broadcasting on Monday issued a public notice asking entities involved in streaming of news and current affairs through digital media to comply with the Centre’s earlier order permitting 26 per cent foreign direct investment under the government approval route to such entities. Under the notice, “entities having foreign investment below 26 per cent may furnish …

Investment Foreign Investment Notice Centre Cent Ministry Foreign

4 years, 1 month ago

Traders' Body Accuses Amazon of Violating FDI Policy, Writes to Piyush Goyal; Company Denies Charges

News 18

Traders' body CAIT on Wednesday accused e-commerce major Amazon of violating FDI policy and Foreign Exchange Management Act norms, a charge which the multinational company denied. The traders' body in a letter to Commerce Minister Piyush Goyal alleged that the online retailer has not sought the government's approval for conducting multi-brand retail activities in India and demanded action and imposition …

India Retail Investment Amazon Goyal Traders Fdi

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Articles for Fdi, search results for company

The fintech company that collapsed and took $90m of people’s life savings with it

RBI, Sebi issue framework for reclassifying FPI investments as FDI

BBC transfers newsroom and publishing license to private company, 'Collective Newsroom', established by its Indian staff

Nation to grant FDI greater access to its markets

Nation to grant FDI greater access to its markets

Nation to grant FDI greater access to its markets

ED issues fresh look-out notice against Byju Raveendran

Sweden's Saab to make shoulder-fired rockets in Haryana under 100% FDI

NewsClick was probed by Enforcement Directorate 2 years before China-link report

Byju's ED Raid: CEO Byju Raveendran Says Company In Compliance, Brought More FDI Than Any Other Startup

Byju’s brought more FDI to India than other startups, company in compliance with laws: CEO after ED raid

Foreign Direct Investment In India: Law And Procedure

Explained | The ED and CBI’s cases against Amnesty International India and Aakar Patel

Traders' body CAIT alleges FDI, GST norms violated by Metro Cash & Carry, German retailer refutes allegations

400 Chartered Accountants, Company Secretaries under scanner for helping Chinese firms

Days ahead of LIC IPO, Modi govt approves FDI up to 20%

Steps to boost foreign direct investment

Yahoo shuts down news sites, digital content in India due to new FDI rules; Yahoo Mail to continue

In Compliance with Indian Laws, Will Cooperate with Enforcement Directorate on Notice: Flipkart

Govt permits 100% FDI in oil PSUs approved for strategic disinvestment

Union Cabinet Likely to Approve 100% FDI in BPCL Today

Govt Seeks Compliance of 26% FDI in Digital News Within A Month

Traders' Body Accuses Amazon of Violating FDI Policy, Writes to Piyush Goyal; Company Denies Charges