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FDI in telecom jumps manifold to $1.5 bn in Apr-May

FDI in telecom jumps manifold to $1.5 bn in Apr-May

Last Updated: Tuesday, July 29, 2014, 18:05

After registering a huge decline in the recent past, foreign direct investment in the telecom sector grew manifold to USD 1.5 billion in the first two-months of the 2014-15 fiscal.

FII inflows hit $5 bn in July; cross $25 bn so for this year

Last Updated: Sunday, July 27, 2014, 18:31

Betting big on the government's reforms agenda, overseas investors have poured in more than USD 5 billion in the Indian market so far this month taking the total inflow to over USD 25 billion since January.

No decision on FDI in supermarkets: Sitharaman

Last Updated: Friday, July 25, 2014, 13:24

The Bharatiya Janata Party-led government opposes the policy put in place by its predecessor to allow foreign supermarkets to operate in India.

American lawmakers hopeful of better Indo-US ties under Modi

Last Updated: Friday, July 25, 2014, 10:24

Congressmen asked House of Representative Speaker John Boehner to invite Modi to address a joint session of the US Congress.

IRDA Chairman expects insurance companies to get listed

Last Updated: Friday, July 25, 2014, 00:34

Welcoming the hike in foreign holdings in the insurance sector, IRDA (Insurance Regulatory and Development Authority Chairman T S Vijayan today expressed the hope that the move would finally enable companies to enter capital markets.

Profit not bad word, resources needed to service poor: FM

Last Updated: Thursday, July 24, 2014, 23:10

Referring to budget proposals, Finance Minister Arun Jaitley said the government has made efforts to help the middle class save and spend.

Insurers welcome FDI hike; PwC sees inflow of Rs 1 lakh cr

Last Updated: Thursday, July 24, 2014, 22:18

Private sector insurers welcomed the government move to increase foreign holdings to 49 percent from the existing 26 percent saying the move will benefit companies and customers and would help bring in new technology and better services.

FDI hike gives boost to investment starved insurance sector!

Last Updated: Thursday, July 24, 2014, 22:08

About 4.4 percent of Indians have life insurance while 5 percent have a reasonable health cover proving that insurance penetration is very low.

Insurance scrips gain as Cabinet clears FDI to 49%

Last Updated: Thursday, July 24, 2014, 20:23

Shares of companies that run insurance business rose by as much as 4 percent after the Cabinet today gave go-ahead to FDI cap hike in the sector to 49 percent with a rider that management control will remain in the hands of Indian promoters.

India got Rs 1.39 lakh cr in FDI from ASEAN in last 14 years

Last Updated: Thursday, July 24, 2014, 19:53

India received a total of Rs 10.75 lakh crore in Foreign Direct Investment in the last 14 years out of which 1.39 lakh crore came from 10-nation ASEAN grouping, considered one of the world's fastest growing regions.

'Nod to 49% FDI in insurance to drive capital infusion'

Last Updated: Thursday, July 24, 2014, 19:25

Welcoming the Cabinet approval to raise FDI ceiling in insurance, India Inc on Thursday said the move will drive capital infusion in the cash-starved sector by attracting investments from foreign players, enhance insurance cover and push firms to provide long-term savings vehicles.

FIPB clears 19 FDI proposals entailing Rs 2,327 cr investment

Last Updated: Thursday, July 24, 2014, 18:24

FIPB has cleared 19 FDI proposals including that of Walt Disney Company and Reckitt Benckiser (India) entailing total investments of Rs 2,326.72 crore.