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Insurance Bill to be taken up by RS on Monday

Insurance Bill to be taken up by RS on Monday

Last Updated: Thursday, July 31, 2014, 21:53

The much-delayed Bill, which was listed in the Rajya Sabha agenda on Thursday could not be taken up for discussion as the opposition wanted more time to go through the amendments, sources said.

Market continues to smash records for 8th day; Nifty breaches 7,800 mark

Last Updated: Thursday, July 24, 2014, 17:49

The 50-issue CNX Nifty of the NSE improved by 34.85 points, or 0.45 percent, to end above 7,800-mark for the first time in the history at 7,830.60.

Cabinet clears 49% FDI in insurance; to fetch Rs 25K cr funds

Last Updated: Thursday, July 24, 2014, 13:22

The approval to hike the FDI limit from the current 26 percent, a proposal which has been pending since 2008.

Insurance cos to get much-needed capital from higher FDI: Singh

Last Updated: Friday, July 18, 2014, 19:41

Welcoming the government's proposal to hike FDI ceiling in insurance sector to 49 percent, Fortis Healthcare Executive Chairman Malvinder Mohan Singh on Friday said the move would help insurance firms attract much-needed capital from overseas partners.

Raising FDI cap in insurance will spur growth: Irda

Last Updated: Friday, July 18, 2014, 17:41

Raising FDI cap in the insurance sector will spur growth in this industry, ensuring entry of more players, Insurance Regulatory and Development Authority said on Friday.

Union Budget 2014: Raising of FDI cap in insurance may help pharma industry

Last Updated: Thursday, July 10, 2014, 17:59

Finance Minister Arun Jaitley on Thursday proposed raising the FDI cap from 26 percent to 49 percent.

Develop an ecosystem that protects IP: US industry to FM

Last Updated: Tuesday, October 15, 2013, 13:23

Seeking an ecosystem in India that rewards and protects intellectual property, the US industry has urged Finance Minister P Chidambaram to lift the FDI caps in important sectors like insurance and defence.

FICCI, CII welcome changes in FDI norms

Last Updated: Wednesday, July 17, 2013, 09:12

The government has cleared 100 percent FDI in telecom, raised FDI in insurance to 49 percent, in asset reconstruction from 74 percent to 100 percent and in credit information companies from 49 percent to 74 percent.

Antony prevails, FDI cap in defence remains 26%

Last Updated: Tuesday, July 16, 2013, 21:52

FDI cap in defence sector will remain at 26 percent and proposals beyond that will be considered by the Cabinet Committee on Security on case to case basis.

Traders to protest if govt raises FDI cap in retail: CAIT

Last Updated: Tuesday, July 16, 2013, 15:14

A government committee has recommended increasing FDI cap in multi-brand retail trading to 74 percent from 51 percent at present.

Decision on FDI cap in third week of July: Chidambaram

Last Updated: Tuesday, July 02, 2013, 12:41

The Department of Industrial Policy and Promotion (DIPP) is holding consultations with different ministries on the suggestion of the Finance Ministry which, has proposed sweeping changes in FDI regime in sectors like defence, telecom and multi-brand retail.

Insurance Bill likely in current session: Govt

Last Updated: Friday, November 23, 2012, 16:19

The government is likely to introduce amendments to the Insurance Bill in the current session for raising FDI cap in private sector insurance companies to 49 percent, Parliament was informed on Friday.