158 results found

The central government's Smart Cities Mission is an ambitious project, which envisages various city-level projects, in areas such as low-cost housing, renewable energy and public transit.

Even if it is less than 10%, with or without control, equity investment by resident individuals or companies in an unlisted foreign firm will be regarded as ODI.

On June 7, 2024, the Reserve Bank of India ("RBI") amended the Foreign Exchange Management (Overseas Investment) Directions, 2022 ("OI Directions").

A limited company is most popular business models for all sizes of organisations.

The government of India has given the nod for raising the limit on Foreign Direct Investment in the Telecom Sector to 74 per cent from 49 per cent. Further, foreign equity in state-run banks' holding stakes in telecoms firms will not be included in the 74 per cent cap, was informed by the I&B Minister.

In our previous Ergo Newsflashes we had outlined the broad contours of Masala Bonds.

Banks in India have moved beyond their traditional role as providers of debt financing. As per data released by the Reserve Bank of India ("RBI"), as on June 16, 2023, scheduled banks have invested close to INR 6,710 Crores...

As per a 2015 survey by Nasscom (the National Association of Software and Service Companies) India has paved the way to secure the third position in the world with three to four startups emerging every day, primarily in the areas of e-commerce, consumer services and aggregators.

Parliament has passed the new Electricity Act, 2003 which consolidates and replaces a number of earlier legislations in respect of electricity.

India is seeing a boom in private investments in e-commerce and technology startups and a large number of funds have invested billions of US dollars in such online companies.

One such condition is that the pooled asset must be "broad based." Under Regulation 2(1)(f) of the MF Regulations, a broad-based fund is defined as one having at least 20 investors, with no single investor holding more than 25% of the corpus of such fund. In practice, this requirement has created interpretational challenges for AMCs that also manage AIFs (whether directly or through subsidiaries).

The primary objective of foreign investment could not have been more aptly defined than by Dr. Jaslin U. Salmon, National Coordinator, Poverty Eradication Programme, Jamaica; when he stated, "Foreign investment must empower the poor".

The recent economic developments have made it clear that the need of the economy is to strengthen domestic manufacturing by improving competitiveness, encouraging investments, reducing avoidable import dependence and building resilient globally integrated Indian supply chains.

In a first of its kind development, the Indian regulators have provided a formal recognition to family offices under the International Financial Services Centres Authority (Fund Management) Regulations, 2022.

Explore the latest developments in India's trade policy landscape, including anti-dumping measures, WTO updates, and bilateral trade agreements. This edition examines how trade remedies support manufacturing growth, reviews recent court decisions on quality control orders, and tracks global trade remedy actions affecting Indian exporters across multiple sectors.

India has been attracting tourists for medical treatment in large numbers.

The mandate issued by the Association of Mutual Funds in India and the Securities and Exchanges Board of India, asking members to conduct monthly stress tests for mutual funds...