Current FDI policy restricts FDI in oil PSUs to 49%; most bidders who have shown interest in acquiring BPCL have foreign investment
The Department of Telecom is awaiting the details of investors from Vodafone Idea for clearing the telco's Rs 15,000 crore foreign direct investment proposal, an official source said on Thursday.
State has allotted 257 acres to MNC, project likely to create 5,000 jobs
Minister rules out amendments; development follows complaints that some e-commerce behemoths have been flouting the policy rolled out by govt
Foreign direct investment in computer software and hardware jumped over threefold to $26.14 billion during 2020-21 on account of significant growth in the country's technology space
This is an enabling provision required for privatisation of BPCL
The US replaced Mauritius as the second largest source of foreign direct investment into India during 2020-21 with inflows of USD 13.82 billion, according to government data.
The tweak might allow overseas investors to pick up a majority stake in India's second biggest oil refiner Bharat Petroleum Corp Ltd
Healthy flow of FDI into the country corroborates India's status as a preferred investment destination among global investors, industry chamber CII said on Tuesday.
Despite Covid shock, equity inflow grows 19%; Gujarat remains top recipient
Two influential US lawmakers have applauded the Indian government's move to increase foreign direct investment in the insurance sector
The government may hike foreign direct investment (FDI) limit in the pension sector to 74% and a Bill in this regard is expected to come in the next Parliament session
Singapore is the top source of FDI in India, with 30.28% share of entire FDI equity inflow. US comes next, with 24.28% and UAE at 7.31%
Currently, operating and commission expenses of private insurers are said to be thrice those of public counterparts. It is here that a hike in FDI limit will give the former a level-playing field
The industry has been asked to send inputs in writing within a week to the government for further consultation
The bill raises the limit to 74 per cent
FM Sitharaman said on Monday that raising the FDI limit was necessary to help insurers deal with issues concerning financial stress
By raising the FDI limit to 74%, the current provision of control being vested with Indian companies had to be dropped. Stay tuned for Latest LIVE news
Majority of directors, key personnel will be resident Indians; percentage of profits to be retained in India, says FM Sitharaman on FDI safeguards
The Congress and other Opposition parties Thursday forced adjournments of Rajya Sabha proceedings for four times during the post-lunch sitting