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26 Feb 2022
Great Wall explores rebooting India entry plans, may adopt top down strategy

China's largest SUV maker Great Wall Motors is revisiting its entry strategy into India, stung by covid-19 and the inordinate delay in FDI approvals

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26 Feb 2022
How Can The Government Tax Your Cryptocurrency Investments?

Cryptocurrency such as Bitcoins, Ethereum and others, is a form of decentralised digital money. They function on the principle of blockchain technology connected to a network of computers.

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26 Feb 2022
Govt OKs up to Rs 15,000 crore FDI investment proposal from Voda Idea

NSE -20.54 % (Vi) has received the telecommunications department’s approval for fresh foreign direct investment (FDI) of up to Rs 15,000 crore as part of its much-delayed fundraise plan, two people familiar with the matter told ET.

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26 Feb 2022
Ministry notifies Foreign Exchange Management (Non-debt Instruments) (Fourth Amendment) Rules, 2021

The Government has permitted 100 per cent foreign direct investment (FDI) under the automatic route in the telecom services sector subject to certain conditions:

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26 Feb 2022
RBI Revises Pricing Guidelines Applicable to Equity Transfers between Indian Residents and Non-Residents

The Reserve Bank of India (RBI), Foreign Exchange Division, has revised its guidelines for pricing equity interests that are transferred between Indians and non-residents of India.

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26 Feb 2022
Govt to fast-track clearance of FDI proposals from bordering countries including China; norms may be eased

To expedite the FDI clearance process and ensure timely action, there will soon be colour coding and an automatic alert system on the foreign investment facilitation portal.

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26 Feb 2022
Foreign banks vie for bigger slice of home loan market

HSBC India reduced home loan interest rates by 10 basis points (bps) to 6.45% per annum. This rate will be applicable on balance transfers by existing customers of other lenders.

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26 Feb 2022
Chinese investment flows via hybrid route under lens

The government is reviewing the norms for use of some of the hybrid instruments for overseas investors after it came across instances of some Chinese companies seeking to circumvent rules around foreign direct investment (FDI) in Indian entities.

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26 Feb 2022
Eris Lifesciences forms JV with MJ Biopharm to enter insulin segment

Eris MJ Biopharm, the 70:30 joint venture (with Eris holding a 70 per cent stake), would primarily engage in marketing and distribution of human and analogue insulin

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26 Feb 2022
Via automatic route: Govt allows 100% telecom FDI

The government allowed 100 per cent foreign direct investment in the telecom sector through automatic route to promote ease of doing business in the industry.

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