Committee says IFSC should aim at providing Indian diaspora and individuals from Asia and Africa with full range of financial services, serve residents availing liberalised remittance scheme
Foreigners have remained net buyers even after data Monday showed India's economy shrank by a record 23.9% in the June quarter
"The total equity investment by the investors would aggregate to Rs 588 crore, equivalent to $80 million in the company," Indiabulls Ventures said
AIF refers to any fund established or incorporated in India which is a privately pooled investment vehicle that collects funds from sophisticated investors, whether Indian or foreign
Piyush Goyal said six states have already given their consent for land bank, and potential investors would be able to locate and identify land from their distant offices for industries
Overseas investors purchased $4.4 billion worth of regional equities last month, data from stock exchanges in India, Indonesia, the Philippines, South Korea, Taiwan, Thailand and Vietnam showed
Lawyers agree that at present the probability of such a suit arising is very low, but not unlikely
The cell is aimed at creating projects with all approvals, land available for allocation and with the complete detailed project reports for adoption/ investment by investors
Over the next year, we would expect Sensex and Nifty returns to be in line with their earnings growth
The government has taken steps like promoting ease of doing business and liberalisation of the foreign direct investment norms to attract overseas investors
This is also the highest withdrawal ever since the FPI data was made available on National Securities Depository Ltd.
Experts believe foreign investors are withdrawing from riskier assets and are opting for safe heavens like dollar-denominated asset classes and gold
Foreigners also sold $599 million in Thai bonds in the previous month
Retail buyers stay away despite price fall; Silver sheds 5%
Radhika Rao, an economist at DBS Bank, said the outbreak was expected to take an economic toll on the region given its proximity and strong trade and production linkages with China
The Sensex fell nearly 2,000 points, as foreign investors liquidated their investments for safe haven assets such as US bonds. As prices of bonds rise, yields fall.
Addressing a press conference here, she said the investors she met in her recent visit to Saudi Arabia expressed willingness to invest more in the country
The development would attract higher foreign flows as many overseas funds are mandated to track global indices
The tax rate for dividends in the hands of foreign portfolio investors is now 20 per cent, in addition to surcharge and cess. Dividends paid to DR holders, on the other hand, are taxable at 10%
The window will map land banks, provide necessary clearances