FDI worth Rs 26,000 cr received in insurance sector since further opening in 2015: FMFinance Minister Nirmala Sitharaman on Thursday said India received FDI worth Rs 26,000 crore in the insurance sector after 2015 when the f...
18 Mar, 2021, 08.01 PM IST
Rajya Sabha passes bill to hike FDI in insurance sector to 74 pcAs per the bill, the majority of directors on the board and key management persons would be resident Indians, with at least 50 per cent of ...
18 Mar, 2021, 07.52 PM IST
Government introduces insurance amendment bill in Rajya SabhaThe Insurance Amendment Bill, 2021 was introduced by Finance minister Nirmala Sitharaman. Last week, the Cabinet had given its nod for the ...
15 Mar, 2021, 11.53 PM IST
Cabinet clears amendments to Insurance Act for raising FDI to 74%Finance minister Nirmala Sitharaman in budget 2021-22 said, "I propose to amend the Insurance Act, 1938 to increase the permissible FDI lim...
10 Mar, 2021, 11.16 PM IST
FDI cap hike to raise insurance penetration, help attract overseas funds: ExpertsThe proposed increase in FDI would also likely result in increased value for customers by way of more product options at reduced costs, he ...
07 Feb, 2021, 01.06 PM IST
Yes Bank plans to raise $1 billion in FY17The bank already has an enabling approval from its board of directors to raise an additional USD 1 billion of equity capital and it will be...
02 Jun, 2016, 03.37 PM IST
Department of industrial policy and promotion prepares composite limit draft for foreign investmentsThe current policy allows FIIs and foreign portfolio investors (FPIs) to invest up to 24% in the capital of Indian companies.
20 Oct, 2014, 04.00 AM IST
Government notifies increase in FDI cap to 49 per cent in defence sectorThe government today notified increase in foreign direct investment (FDI) limit to 49 per cent through approval route in the defence sector.
26 Aug, 2014, 05.41 PM IST
FIPB to take up HDFC Bank plan to hike overseas stake on February 3The Foreign Investment Promotion Board (FIPB) will consider a proposal by HDFC Bank to increase the overseas shareholding limit on February...
21 Jan, 2014, 03.27 PM IST
Multi-Brand Retail: RBI, Finmin seek clarity on portfolio investmentsRBI and finance ministry have sought clarity in the policy on portfolio investments in multi-brand retail sector.
11 Sep, 2013, 04.30 AM IST
India needs more FDI in insurance sectorThe government wants to raise FDI in insurance to 49%, a move that is expected to bring in investment and dollars flowing back to India.
06 Aug, 2013, 08.11 AM IST
TRAI releases consultation paper on FDI in broadcast sectorTRAI said while making recommendations on the subject of FDI in broadcasting, the growing convergence between broadcasting and telecom sect...
30 Jul, 2013, 11.27 PM IST
- FDI curbs on banks with insurance exposure
The central bank has proposed changes in the provisions relating to private banks that will make it difficult for them to attract FDI if th...
20 Aug, 2010, 04.42 AM IST
- Indian, foreign industries divided over raising FDI cap: CII
Indian and foreign industries in defence sector are divided over raising the Foreign Direct Investment (FDI) to 100 per cent, a survey has ...
09 May, 2010, 11.12 AM IST
- Aditya Birla Telecom’s FDI plan held up
Aditya Birla Telecom’s (ABTL) plan to infuse foreign equity has run into trouble with the Foreign Investment Promotion Board (FIPB).
12 Aug, 2008, 04.20 AM IST
- No objection to Vodafone-HTIL deal: DoT
The Communication Ministry is understood to have no objection to Vodafone's proposed acquisition of equity in Hutch-Essar and feels the Fin...
11 Mar, 2007, 11.31 AM IST
- N K Singh panel may favour easing FDI cap in SEZs
The high powered N K Singh Committee on foreign direct investment is understood to have favoured liberalisation of investment norms in spec...
30 Jul, 2002, 05.51 PM IST