Foreign investors should know BJP opposed to retail FDI: FM Jaitley

Last Updated: Saturday, May 23, 2015, 19:08

Finance Minister Arun Jaitley on Saturday said that foreign investors proposing to enter the multi-brand retail business in India should know that they can face problems as the ruling BJP is not in favour of it.

Most FIIs still overweight on Dalal Street, says UBS

Last Updated: Wednesday, May 20, 2015, 21:12

Most foreign investors are still overweight on domestic market despite the minimum alternate tax (MAT) issue and muted earnings growth, according to Swiss brokerage UBS.

Sebi notifies norms for mutual funds managing offshore money

Last Updated: Wednesday, May 20, 2015, 16:26

Simplifying norms for domestic funds to manage offshore pooled assets, Sebi has dropped '20-25 rule', which required a minimum of 20 investors and a cap of 25 percent on investment by an individual, for funds from low-risk foreign investors.

India ignored warnings on foreign investor tax row: Sources

Last Updated: Tuesday, May 19, 2015, 12:05

The Finance Ministry could have sidestepped a damaging multibillion-dollar tax row with foreign investors if it had acted on regular warning letters that officials had been sending since as long ago as September.

Shah Committee to go into all 'legacy' tax issues: Jaitley

Last Updated: Monday, May 18, 2015, 15:35

The Justice Shah Committee, constituted to go into levy of MAT on FIIs, will look into all important "legacy" cases, Finance Minister Arun Jaitley said blaming conflicting judicial rulings for the controversy on the issue that has riled foreign investors.

HSBC downgrades Indian equities to "underweight"

Last Updated: Wednesday, May 13, 2015, 12:58

HSBC cut Indian shares to "underweight" from "overweight", saying markets were over-owned at a time when earnings were expected to slow and the scope of interest rate cuts were diminishing.

On MAT, FPIs cut India play, take out Rs 12k cr in May

Last Updated: Sunday, May 10, 2015, 11:04

Things got worse in May as FPIs have withdrawn an estimated Rs 12,256.21 crore so far.

Tax dept not to take coercive action against FIIs on MAT dues

Last Updated: Friday, May 8, 2015, 19:55

A day after the government announced setting up a high-level panel under Law Commission Chairman A P Shah, the Finance Ministry has decided not to adopt coercive methods for recovery of MAT dues from foreign investors.

Foreign funds dumped stocks, bond worth $630 million on Wednesday

Last Updated: Thursday, May 7, 2015, 16:19

Foreign investors sold around USD 630 million in Indian shares and bonds on Wednesday, marking the biggest single-day sales since January 2014.

Nifty crashes 228 points on frenzied panic selling

Last Updated: Wednesday, May 6, 2015, 19:21

Continued offloading by foreign investors amid retrospective tax worries and sluggish corporate earnings further dampened investor mood.

MAT case: Bombay High Court stays tax claim against Aberdeen Asset

Last Updated: Tuesday, May 5, 2015, 20:01

Uncertainty around MAT has built in recent weeks and unsettled foreign investors, sending India`s stock market lower.

FII stake value in NSE cos hits 6-year high at Rs 19.32 lakh cr

Last Updated: Tuesday, May 5, 2015, 16:41

Valuation of foreign institutional investors' holdings in NSE-listed companies hit a six-year high at Rs 19.32 lakh crore in the January-March quarter, as per data collected by Prime Database.