The first quarter of 2021 was strong for ECM activity with 46 deals worth Rs 56,300 crore, an increase of nearly 50% over the same period of 2020
Investment by non-resident Indians (NRIs) on non-repatriation basis in an Indian company will be treated as domestic investment for the purpose of calculating indirect overseas inflows, according to a DPIIT press note. The Department for Promotion of Industry and Internal Trade (DPIIT) said that the government has reviewed the FDI (foreign direct investment) policy in relation to investments made by an Indian company owned and controlled by non-resident Indians (NRIs) on a non-repatriation basis. In order to provide a clarity on downstream investments made by NRIs, a clause has been added in the FDI policy. The clause was added in the guidelines for calculation of direct and indirect foreign investments. It said that "investments by non-resident Indians (NRIs) on a non-repatriation basis" as stipulated under a schedule of Foreign Exchange Management (non-debt instruments) Rules 2019 "are deemed to be domestic investments at par with the investments made by residents". "Accordingly
The stake pick is subject to the approval of regulatory/ statutory authorities and the shareholders of the company.
Infra.market is a construction materials focused online marketplace
Investments in Reliance Group entities worth S$17.3 billion accounted for 36% of all PE/VC investments in 2020
While more than half of the Rs 36,500-crore investment materialised in the last quarter, limited number deals indicate a narrow-based recovery so far.
India, too, witnessed traction in ESG-related decision-making and product offerings, such as ESG-focused mutual funds, EY said.
Wood believes that India will, sooner rather than later, be included in global bond indices as a result of recent liberalisation measures.
Contingent liability a critical parameter too, according to analysts
Funding amount not known; Arzooo is Yuan's first India investment. Bill Tai has 22 IPOs to his credit, was among first investors in Twitter, Zoom Video, Wish.com, Canva, and ColorGenomics
Interestingly, the nodal officers had played a pivotal role in resolving issues of investors
Amrutanjan Health Care Ltd, is investing in digitisation in a big way, setting a target of garnering1.3 per cent of national sales through e-commerce, a top official has said.
Investments accrue return of -8.3 per cent for the fiscal, down from 14.7 per cent in the previous fiscal
Make the right trade-offs when buying an immediate annuity
Total financial assets of US households, according to the report, amounted to $94 trillion, or around 440 per cent of their gross domestic product (GDP) as at CY19-end.
Advisors say move can help curb mis-selling through stock tips
In a virtual interaction with Krishna, the prime minister noted that while the world is witnessing a slowdown, FDI inflow in India is increasing
Focus on rural markets and high-margin products boosts performance
Most members believe that companies with a separation of roles may outperform, or slightly outperform, those that do not separate the roles
A leading platform for API, Postman has received $150 million funding in a round led by Insight Partners.