Page 12 - Latest Updates on FDI
No hostile takeover of Indian firms: New FDI guidelines come into effect
The updated FEMA Rules came into effect from Thursday midnight
 "No hostile takeover of Indian firms: New FDI guidelines come into effect")
FDI policy changes to impact investments from China amid Covid-19 lockdown
This is also expected to reduce the inflow of investments in new companies as well as the merger and acquisition scenario in the country
 "FDI policy changes to impact investments from China amid Covid-19 lockdown")
Ending opportunism
Govt right to crack down on strategic investments from China
 "Ending opportunism")
Protecting crown jewels
India has done well to follow in the footsteps of Germany, France and Australia among others by introducing provisions to safeguard its businesses
China slams India's move to scrutinise FDI, calls it discriminatory
New Delhi effectively closed on Saturday the "automatic route" of investing for Chinese firms and individuals.
 "China slams India's move to scrutinise FDI, calls it discriminatory")
India's new FDI policy is discriminatory and against free trade: China
India's move was attributed to the rising possibility of "opportunistic takeovers" of its companies by those in neighbouring nations, as the coronavirus pandemic wreaks havoc on the economy
 "India's new FDI policy is discriminatory and against free trade: China")
Sebi may scan Cayman, Singapore investment hubs for Chinese links
Investment hubs to see greater scrutiny for identification of end-beneficiaries
 "Sebi may scan Cayman, Singapore investment hubs for Chinese links")
Best of BS Opinion: Global financial system, coronavirus outbreak, and more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Global financial system, coronavirus outbreak, and more")
DPIIT, Finance Ministry locked horns before tweak in FDI guidelines
Since the FDI notification was meant to restrict, than expand, the ambit of foreign investment, it was initially opposed by the finance ministry
Parliament panel expresses concerns over dip in manufacturing sector FDI
It recommended the commerce department to take concerted efforts to increase the share of manufacturing sector in FDI inflows.
 "Parliament panel expresses concerns over dip in manufacturing sector FDI")
Defence industry received $8.82 million FDI during Apr 2000- Dec 2019: Govt
In 2018-19, FDI in the sector was aggregated at $2.18 million, according to the data
 "Defence industry received $8.82 million FDI during Apr 2000- Dec 2019: Govt")
Cabinet likely to clear PSB merger, decriminalise sections of Companies Act
As many as 43 sections of Companies Act will be decriminalised through Cabinet approval
 "Cabinet likely to clear PSB merger, decriminalise sections of Companies Act")
DPIIT notifies policy to allow 100% FDI in insurance intermediaries
Till now, FDI up to 49% was allowed in insurance intermediaries through the automatic route
 "DPIIT notifies policy to allow 100% FDI in insurance intermediaries")
Essar to embark on new phase of investment-led growth: Ruia family
Despite losing Essar Steel in insolvency proceedings, cash flows remain strong, with Rs 1,00,000 crore of revenues from existing businesses
 "Essar to embark on new phase of investment-led growth: Ruia family")
India's 2019 PE/VC investments up 28% at $48 bn, make up 1.7% of GDP
Infra investments drive growth; PE/VC account for 64% of FDI inflows
 "India's 2019 PE/VC investments up 28% at $48 bn, make up 1.7% of GDP")
Hearing into Amazon's petition against CCI probe to continue on third day
The CCI had ordered an investigation against e-commerce companies including Amazon and Flipkart
 "Hearing into Amazon's petition against CCI probe to continue on third day")
Piyush Goyal asks e-commerce players to strictly adhere to FDI norms
Goyal said obviously if the company makes a loss of Rs 6,000 crore, they have to bring in money to pay for that loss
 "Piyush Goyal asks e-commerce players to strictly adhere to FDI norms")
RS members support bill on FDI in financial services, critical infra, tech
The members were taking part in a debate on the Foreign Investment in Financial Services, Critical Infrastructure and Technology Affecting National Security (Regulation) Bill, moved by Narendra Jadhav
 "RS members support bill on FDI in financial services, critical infra, tech")
Full marks for technocratic budget that lets us embrace ease of living
India's corporate tax structure is now globally competitive! Rates of 25 and 15 per cent are completely acceptable to international investors
 "Full marks for technocratic budget that lets us embrace ease of living")
Budget 2020: Sourcing via FDI, ECB could boost research infra in education
FM has allocated Rs 99,300 cr for education sector in FY21 and Rs 3,000 cr for skill development
