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INDIAN STAKE IN FOREIGN COS
Ethiopian national Tewolde Gebremariam to be second foreign CEO for Air IndiaAir India has announced the appointment of Tewolde Gebremariam as its new Chief Executive Officer. With a wealth of expertise from Ethiopia...- ONGC eyes operatorship of two Venezuela oil blocksONGC plans to operate two Venezuelan oil blocks soon under new laws. The company regained its stake in Russia's Sakhalin-1 project last Dec...
- India Inc goes on a global shopping spree with a new wishlistIndian companies are increasingly pursuing strategic overseas acquisitions. They now focus on acquiring capabilities and technology rather ...
- Elevation Capital, Peak XV Partners sell 2.3% stake in Meesho for Rs 1,949 crore; stock fallsFollowing the stake sale, Meesho's shares fell nearly 1 per cent on Wednesday to trade at Rs 190.50 apiece on the National Stock Exchange (...
- Govt proposes easier compliance for foreign firms using Indian data centresThe Taxation and other laws (Amendment) Bill, 2026, introduced in the Lok Sabha on Tuesday, reduces reporting requirements for foreign comp...
- Institutional investors over-subscribe LIC OFS, govt opts for green-shoe optionThe government's Life Insurance Corporation share sale has garnered overwhelming attention from institutional investors, with bids amountin...
- Recent trend in net FDI inflows linked to increased investments by India, greater repatriation: GovernmentNet foreign direct investment has declined significantly in recent years. This trend is linked to increased overseas investments by Indian ...
- Travelling within the US? Immigration lawyers warn Indians as migrants report airport detentionsImmigration lawyers are warning foreign nationals in the US to exercise caution while travelling on domestic flights after reports of incre...
- If the earnings don't come through, markets will struggle: Paul WilsonIndian stock valuations are lower, but earnings have disappointed, limiting re-rating potential. Global capital's return to India is not ye...
- FIIs build a new Banking XI without the usual heavyweights. Will the big banks return?Foreign investors reduced stakes in large banks during the June quarter. They simultaneously increased holdings in several mid-sized and sm...
- Promoter ownership climbs to two-year high despite persistent FII sellingIndian promoters significantly boosted their company ownership, reaching a two-year peak. Foreign institutional investors reduced their sta...
- RBI sells USD 14.9 bn during Jan-May to check excess volatility in rupeeIn an effort to stabilize the rupee, the Reserve Bank of India sold USD 14.9 billion. Banks are also re-engaging with defaulters to recover...
- FPIs reverse 4-month selling trend with Rs 20,200 cr inflow in JulyIn July, foreign investors reversed their selling trend, becoming net buyers of Indian equities for the first time in four months by invest...
- Handicraft, ODOP items to get major exports boost from FDI in inventory-based e-comm: OfficialNew FDI rules permit inventory-based e-commerce solely for export purposes. This change will significantly boost shipments of Indian handic...
- Rupee gains 30 paise to touch monthly highThe Indian rupee closed at 95.38 on Friday, strengthening significantly. Persistent Reserve Bank of India interventions and lower oil price...
- India to get 11 new flying schools to tackle India's 30000+ pilot shortageAirports Authority of India awarded eleven new flying training slots with an aim to boost domestic pilot training capacity. The expansion w...
- FIIs cut stakes in 72% of Nifty50 stocks, DIIs buy 82%. Here’s where the money movedIndia’s largest stocks are witnessing a major ownership shift as domestic institutions fill the gap left by foreign investors. FIIs cut sta...
- Planning a foreign trip? These 7 countries offer visa-free entry to IndiansTravelling abroad doesn't always mean applying for a visa. According to information shared by the Ministry of External Affairs (MEA), India...
- FIIs cut stakes in 7 Nifty IT stocks. Then the index surged 16% in JulyForeign investors reduced stakes in most Nifty IT stocks during the June quarter. Oracle Financial Services Software saw the largest foreig...
- Hold US stocks under LRS? Here’s why you may not be able to gift them to NRI childrenIndian residents cannot gift US shares purchased through the LRS route to their NRI children. The liberalised remittance scheme requires sa...
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