Norms issued for reclassifying FPI investment as FDI
The Morning Standard|November 12, 2024
THE Reserve Bank (RBI) and the Securities and Exchange Board (Sebi) have directed foreign portfolio investors (FPIs) to obtain necessary approvals from the government and concurrence from the investee companies in cases of acquisition of equity holdings beyond the prescribed limits.
BENN KOCHUVEEDAN
Norms issued for reclassifying FPI investment as FDI

The direction better aligns with the Fema rules, the regulators said in separate notifications on Monday and help lift current 10% cap on such investments, of course with prior government nod. The regulators have issued an operational framework for reclassification of overseas investments by FPIs to foreign direct investments (FDI), outlining the process to be followed in case of breach of the thresholds.

هذه القصة مأخوذة من طبعة November 12, 2024 من The Morning Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 12, 2024 من The Morning Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE MORNING STANDARD مشاهدة الكل
Going with the flow
The Morning Standard

Going with the flow

Aditi Singh Sharma on her new single Thukraaya Kyun’, a soulful ballad delving into the complexities of lost love

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2 mins  |
November 28, 2024
THE FLAVOURS OF CEYLON
The Morning Standard

THE FLAVOURS OF CEYLON

After all the rules and regulations that the government imposed on residents of Delhi NCR to curb the pollution levels from rising even further, the greys seem to be giving way to the blues, slowly.

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3 mins  |
November 28, 2024
GIEVE PATEL AND THE ART OF FRIENDSHIP
The Morning Standard

GIEVE PATEL AND THE ART OF FRIENDSHIP

Poet, painter, playwright Gieve Patel died a year ago. At a special exhibition and discussion dedicated to his memory in Delhi, some of the veteran artists of India, his friends, sat around a table talking Gieve, man and art.

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4 mins  |
November 28, 2024
The Morning Standard

Urvil hits record T20 hundred

GUJARAT'S wicketkeeper-batter Urvil Patel slammed the fastest T20 century by an Indian during his team's Syed Mushtaq Ali Trophy match against Tripura in Indore on Wednesday, reaching the three-figure mark in just 28 balls.

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1 min  |
November 28, 2024
The Morning Standard

Klaus one of the experts for AFI's new workshops

DOUBLE Olympic medallist Neeraj Chopra's former coach Klaus Bartonietz will be one of the experts imparting lessons or sharing expertise with other coaches in the country.

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1 min  |
November 28, 2024
Ten simultaneous games, Gelfand shows mastery
The Morning Standard

Ten simultaneous games, Gelfand shows mastery

OUTSIDE the usual fanzone inside the playing venue for the ongoing chess World Championship, there was an unmistakable buzz.

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1 min  |
November 28, 2024
City blow three-goal lead, Bayern beat PSG
The Morning Standard

City blow three-goal lead, Bayern beat PSG

MANCHESTER City's struggles continued as Pep Guardiola's side remarkably blew a three-goal lead to draw 3-3 with Feyenoord in the Champions League on Tuesday, while Bayern Munich beat Paris Saint-Germain to leave the French club in danger of elimination.

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1 min  |
November 28, 2024
GUKESH SEIZES MOMENT
The Morning Standard

GUKESH SEIZES MOMENT

India GM beats Liren in Game 3 to level scores, next game on Friday

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3 mins  |
November 28, 2024
Still expect it to be a one-sided event
The Morning Standard

Still expect it to be a one-sided event

VEN though I do not believe as highly as I did in September that the World Championship between China's Ding Liren and teammate D Gukesh will be a massacre, I still think that it will be a one-sided event.

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2 mins  |
November 28, 2024
The Morning Standard

RSPB-WFI rift behind Railway grapplers missing Sr Nat'ls?

AMAN Sehrawat, the Paris Olympics bronze medallist, and many other famed international wrestlers from Railways, will be deprived of a chance to compete at the Senior Wrestling Championship scheduled to commence in Bengaluru on December 6.

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2 mins  |
November 28, 2024