Japanese company Toppan Speciality Films on Wednesday signed an agreement with the Punjab government to invest Rs 400 crore in the state as part of its expansion plan, according to an official statement. Chief Minister Bhagwant Mann, who is on a 10-day visit to Japan and South Korea, said Toppan Speciality Films Private Limited (TSF) and Invest Punjab have also agreed to support and collaborate to launch a skilling excellence centre in Punjab. This will be pivotal for strengthening industry-relevant skills and enhancing employability opportunities in Punjab, the statement quoted Mann as saying. The chief minister said it will give a thrust to imparting training aligned with current and emerging industry needs. Likewise, he said, it will also focus on high-end and technical skills not widely available and impart training certifications to meet industry and global standards. TSF will also provide financial assistance, technical inputs, training support, and curriculum design based o
There are also 10 reinsurers who are in their preliminary stages of discussion
India is not only the fastest-growing large economy in the world, it also has significant untapped potential for formal finance
While India allows 74% foreign investment in private banks, the shareholding of a single foreign institution is limited to 15% by the RBI unless the regulator gives exceptional approval
EcoEx's $4 million seed funding from Dovetail Global Fund and others will fuel tech upgrades, expansion, and ESG-aligned waste management solutions across India
The recommendation appears in the think tank's latest Tax Policy Working Paper Series - 1 released on Friday
DIIs' steady inflows, backed by retail investors and long-term capital, have made Indian markets more self-reliant and less vulnerable to global shocks
Aid disbursements show a declining trend with changes in key recipients
May sees Rs 20,996 crore in foreign corporate bond investments, led by SP Group's $3.35 billion issue; RBI's relaxed norms add to momentum
The block trades were well bought by overseas investors. They marked the highest monthly total in almost a year and a huge jump from only $220 million in April
Net FDI fell sharply due to higher repatriation and outward investments even as gross inflows rose 13.7% to $81 bn with 60% of flows going to four key sectors
The National Rifle Association of India (NRAI) is not averse to foreign entities buying stakes in the franchise-based Shooting League of India, said its president Kalikesh Singh Deo following a meeting of the federation to take key decisions on the event. The inaugural edition of the league is scheduled later this year. The International Shooting Sport Federation (ISSF), the global governing body for the sport, has officially allotted a November-December window for SLI and the event is likely to be organised from November 24 to December 7. A total of 6-8 city-based franchises will own the teams and bid for players via an auction. Each team will consist of 12 athletes (6 men, 6 women), including up to four foreign players (two men, two women). "We have started conversation with (prospective) franchises. But I don't see the reason why a foreign franchise would be interested; that they can't have a stake, given of course subject to any conditions in the law of the land," said Singh De
The degree of domestic versus foreign contribution to the consumption of a nation's economy
The government has clarified that an Indian company engaged in a sector where FDI is prohibited can issue bonus shares to its pre-existing foreign shareholders, provided there is no change in the shareholding pattern. The issuance of bonus shares must comply with the applicable rules, laws, regulations and guidelines, the Department for Promotion of Industry and Internal Trade (DPIIT) said. "An Indian company engaged in a sector/activity prohibited for FDI (foreign direct investment) is permitted to issue bonus shares to its pre-existing non-resident shareholders provided that the shareholding pattern of the non-resident shareholder does not change pursuant to the issuance of bonus shares," according to the DPIIT's clarification which is inserted in the FDI policy. It added that this clarification is with regard to the permissibility of issuance of bonus shares to existing foreign shareholders by Indian companies engaged in sectors prohibited for FDI. FDI in the country is allowed
FY25 wrap: At 6:34 AM, GIFT Nifty Futures were down 28 points at 23,749, suggesting a negative start
While global funds marked their first weekly purchase of local stocks in 2025 last week, they have been big sellers this year
Capital outflows are near their highest-ever figure in India; a debate has raged over whether capital gains tax in India contributed to foreign investor outflows
PM's US visit comes as foreigners have pulled $21 bn from Indian markets since September end, rupee has hit fresh lows, and the nation's $4.1 trillion stock market is Asia's worst performer in 2025
Chief minister said that since the launch of the new industrial policy the state had attracted Rs 1 trillion investments from the Investor Connect meet organized in Raipur, Delhi and Mumbai
HSBC has revised its Sensex target for the end of 2025, lowering it to 85,990, from 90,520 earlier