Page 8 - Latest Updates on FDI
Top headlines: India's budget hikes spending; Myanmar military takes power
Business Standard brings you top news of the evening
 "Top headlines: India's budget hikes spending; Myanmar military takes power")
Investor wealth rises by over Rs 6.34 trn as markets cheer Budget 2021
This was the best Budget-day gain for the markets since 1997, analysts said
 "Investor wealth rises by over Rs 6.34 trn as markets cheer Budget 2021")
Budget 2021: FDI cap hike in insurance set to attract US, European firms
The country's investment promotion agency, Invest India, expects the insurance market to be worth around $250 billion by 2025
 "Budget 2021: FDI cap hike in insurance set to attract US, European firms")
Budget 2021: Govt proposes to increase FDI cap in insurance sector to 74%
The government on Monday proposed to increase foreign direct investment limit in the insurance sector to 74%, a move aimed at attracting overseas players.
 "Budget 2021: Govt proposes to increase FDI cap in insurance sector to 74%")
Atmanirbhar campaign in sync with globalisation, PM tells MNC heads
Says India to soon supply two vaccines to the world, many more will come, going forward
 "Atmanirbhar campaign in sync with globalisation, PM tells MNC heads")
India's FDI inflows grew by 81% in Nov 2020 to $10.15 bn, equity at $8.5 bn
FDI is a major driver of economic growth and an important source of non-debt finance for the economic development of India
 "India's FDI inflows grew by 81% in Nov 2020 to $10.15 bn, equity at $8.5 bn")
Overseas investment by Indian companies dips 42% to $1.45 bn in Dec: RBI
In November 2020, the total outward foreign direct investment (OFDI) was of $1.06 billion, down by 27 per cent from a month ago period
 "Overseas investment by Indian companies dips 42% to $1.45 bn in Dec: RBI")
Govt considers easing rules to attract FDI in construction sector: Report
Existing rules include a three year lock-in period before exiting
 "Govt considers easing rules to attract FDI in construction sector: Report")
Top headlines: Farmers breach Red Fort; UN warns about Indian economy
Business Standard brings you top news of the evening
 "Top headlines: Farmers breach Red Fort; UN warns about Indian economy")
FDI in India rose by 13% in 2020 as inflows declined in major economies: UN
Foreign Direct Investment into India rose by 13% in 2020, boosted by interest in the digital sector, and while fund flows "declined most strongly" in major economies, the UN has said
 "FDI in India rose by 13% in 2020 as inflows declined in major economies: UN")
China beat US as largest recipient of FDI, received $163 billion in 2020
In 2019, the United States had received $251 billion in inflows and China received $140 billion
 "China beat US as largest recipient of FDI, received $163 billion in 2020")
CCI okays Flipkart's Rs 1,500 cr stake in Aditya Birla Fashion and Retail
Amazon and Flipkart can't directly acquire assets under FDI rules, so they are doing smaller strategic stake deals with offline retailers, hoping to acquire offline assets when rules change
 "CCI okays Flipkart's Rs 1,500 cr stake in Aditya Birla Fashion and Retail")
Banks vote in favour of Piramal offer for DHFL, see holes in Oaktree bid
With this Piramal succeeds in getting the requisite 66 per cent voting, says source
 "Banks vote in favour of Piramal offer for DHFL, see holes in Oaktree bid")
Delhi HC issues notice to Future, RIL retail arms on Amazon's plea
The Court issued a notice in the matter and listed it for further hearing on February 12
 "Delhi HC issues notice to Future, RIL retail arms on Amazon's plea")
Hike in FPI limit, improving outlook positive signals for Bharti Airtel
Shares of the telecom operator hit a seven-month high of Rs 601.8 on BSE
 "Hike in FPI limit, improving outlook positive signals for Bharti Airtel")
Bharti Airtel initiates process to revise foreign investment limit to 100%
Higher foreign investment limit can lead to an increase in Airtel's weight in the global indices, say analysts
 "Bharti Airtel initiates process to revise foreign investment limit to 100%")
Amazon, Flipkart are violating investment rules: Govt to ED, RBI
This is a significant development related to a war between e-commerce giants and traders of India
 "Amazon, Flipkart are violating investment rules: Govt to ED, RBI")
PE/VC investments into India from China, Hong Kong fall 72% in CY20
Rules mandating government nod for FDI from neighbours weighed on flows
 "PE/VC investments into India from China, Hong Kong fall 72% in CY20")
Cabinet approves 100% FDI in DTH sector; should you buy related stocks?
A sustained move above Rs 38 levels may see an aggressive upside in Hathway Cable and Datacom
 "Cabinet approves 100% FDI in DTH sector; should you buy related stocks?")
Maharashtra slipped to 3rd spot in FDI under Sena-led govt: Fadnavis
BJP leader Devendra Fadnavis on Wednesday claimed that Maharashtra has slipped to the third place from the top spot in attracting Foreign Direct Investment (FDI) under the Shiv Sena-led government.
 "Maharashtra slipped to 3rd spot in FDI under Sena-led govt: Fadnavis")
