Top Headlines: Stricter framework for FPI owners, India Inc's capex, & more

The Securities and Exchange Board of India (Sebi) is mooting a stricter framework for identifying “beneficial owners (BOs)” of foreign portfolio investment (FPI) in the country. Corporate India’s investment in assets, such as plants, equipment, land, buildings, and acquisitions, grew 9.1 per cent year-on-year (YoY) in FY22, faster than 7.4 per cent YoY growth in capex in the previous year. Read more on these in our top headlines.

Sebi moots stricter framework for identifying FPI beneficial owners

The Securities and Exchange Board of India (Sebi) is mooting a stricter framework for identifying “beneficial owners (BOs)” of foreign portfolio investment (FPI)