Bank stocks gain up to 4% on simplified FDI rules

Last Updated: Thursday, July 16, 2015, 18:34

Bank stocks on Thursday gained up to 4 percent following the government's move to simplify foreign investment regime that boosted investor sentiment.

Foreign investments get composite caps; retailers to benefit

Last Updated: Thursday, July 16, 2015, 16:57

The limit of portfolio investment in banking is capped at 49 percent while in defence it is 24 percent.

Cabinet gives nod to foreign investment composite cap

Last Updated: Thursday, July 16, 2015, 15:11

In a bid to streamline the FDI structure, the government today introduced a composite foreign investment cap by clubbing all forms of overseas investments to define sectoral limits.

India simplifies foreign investment rules, banks to benefit

Last Updated: Thursday, July 16, 2015, 14:37

India has simplified rules for foreign investment in companies by clubbing together different categories, Finance Minister Arun Jaitley.

Cabinet to decide on composite foreign investment caps tomorrow

Last Updated: Wednesday, July 15, 2015, 19:57

Seeking to streamline the foreign investment regime, the Union Cabinet is expected to take a decision Wednesday on introducing a composite cap which will include FDI, FII and other instruments in various sectors.

FIPB clears Bandhan, 22 other FDI proposals

Last Updated: Tuesday, July 14, 2015, 00:03

The foreign investment promotion board (FIPB) Monday cleared 23 FDI proposals including those of Bandhan Financial Services and Catholic Syrian Bank.

FIPB to take up 47 foreign investment proposals tomorrow

Last Updated: Sunday, July 12, 2015, 13:39

Bandhan Financial Services has been granted universal banking licence by the Reserve Bank. The bank will be launched next week.

Kotak Bank gets FIPB nod to raise fgn investment limit to 55%

Last Updated: Friday, July 3, 2015, 18:30

FIPB had deferred a decision on the proposal in the past.

Syngene gets nod to raise foreign investment to 44%

Last Updated: Monday, June 22, 2015, 15:27

Syngene, a subsidiary of Biocon, on Monday said it has received the Foreign Investment Promotion Board (FIPB) approval for raising foreign investment in the company to 44 percent from the earlier approved 10 percent.

China to allow full foreign ownership of some e-commerce businesses

Last Updated: Friday, June 19, 2015, 21:03

Allowing full foreign ownership "supports our country`s e-commerce development, encourages and brings in the active participation of foreign investment, and furth excites market competition," the ministry said.

Govt okays 16 foreign investment proposals worth Rs 6,751 crore

Last Updated: Wednesday, June 17, 2015, 17:05

The government on Wednesday approved 16 foreign investment proposals, including those of Torrent Pharmaceuticals and Star India Private Limited, amounting to Rs 6,750.86 crore.