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India cenbank issues operational framework for reclassification of FPI to FDI
India's central bank on Monday released an operational framework for reclassifying equity investments made by foreign portfolio investors (FPI) that exceed the prescribed limit as foreign direct investment (FDI).
RBI allows FPIs to reclassify investments above the prescribed limit in a company as FDI
RBI allows FPIs to reclassify investments exceeding limits as FDI, streamlining compliance and attracting foreign investments.
FPI Can Go Beyond 10% In Listed Company By Reclassifying Investment As FDI: RBI
In case the FPI intends to reclassify its foreign portfolio investment into FDI, the FPI shall obtain approvals/concurrence from the government and the concerned Indian investee company.
RBI, Sebi issue framework for FPI to FDI investment reclassification
The regulators issued an operational framework on Monday for the reclassification of overseas investments by FPIs to foreign direct investments (FDI), outlining the process to be followed in case of breach of the thresholds.
RBI issues framework for reclassification of FPI to FDI
The Reserve Bank of India on Monday issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign direct investment (FDI) if the entity breaches the prescribed limit.
1d
Case of doctor's brutal rape and murder opens in India as suspect claims he was framed
A volunteer member of the Kolkata Police force has gone on trial for the rape and murder of a female doctor at a hospital in ...
2h
on MSN
Richest IAS in India, Amit Kataria, who secured 18th rank in the 2003 UPSC: Check his net worth
Amit Kataria, an IAS officer from Gurugram, is recognized as one of India’s richest officials. He ranked 18th in the 2003 ...
2d
on MSN
Equal has a plan to fight India’s growing cyber fraud problem
Equal, an Indian startup founded by Keshav Reddy, has raised $10M in its maiden funding round led by Prosus Ventures to scale ...
Hosted on MSN
2h
Afghanistan's Taliban-led government appoints acting consul in Mumbai
NEW DELHI: The Taliban-led
government
of Afghanistan has appointed Ikramuddin Kamil as its acting consul in Mumbai in a bid ...
5d
India should join China-backed Asian trade bloc, government think tank CEO says
India should join the Regional Comprehensive Economic Partnership (RCEP), a top official at a government think tank said on ...
1d
India’s Borrowings May Rise in Next Fiscal Year, Official Says
India’s bond sales are likely to surge in the next fiscal year on account of higher debt repayments, according to a government official.
India West
1h
India Watches As Ambani-Musk Battle Brews
NEW DELHI – Elon Musk’s Starlink is preparing to enter
India
’s internet market, setting the stage for a potential shake-up ...
23h
In India, trial starts over rape and murder of Kolkata doctor
Charges were drawn up last week, while the man arrested said he was ‘completely innocent’ and was being framed.
2h
How WongDoody revolutionized India’s tax filing experience
Winning Gold in the Government or Public Sector category at The Drum Awards for Digital Experience is WongDoody with ITD 2.0, ...
4d
2 suspected rebels and 2 members of government-run militia are killed in Indian-controlled Kashmir
Two suspected militants and two members of a government-sponsored militia have been killed in two separate incidents in ...
2d
If the government of Pakistan also says like India that we won’t play, then the ICC will be of no use: Rashid Latif
Earlier this publication reported that BCCI, in a recent communication to the Pakistan Cricket Board, has cited security ...
19h
on MSN
India's celebrity top judge: An icon or a pushover?
Justice Chandrachud served more than eight years as a top court judge and as chief justice for the past two years. He ...
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