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Liberal tax regime on cards for Foreign Portfolio Investors

Last Updated: Thursday, July 10, 2014, 16:23

To boost overseas investments into Indian capital markets, the government Thursday proposed a liberal tax regime for Foreign Portfolio Investors (FPI) willing to shift their base to India.

Twitter buys TapCommerce

Last Updated: Tuesday, July 01, 2014, 15:28

TapCommerce specializes in targeting consumers who have downloaded an app and trying to entice them to come back to it.

HSBC sells $12.5-bn worth Swiss assets to LGT Bank

Last Updated: Tuesday, June 24, 2014, 15:24

HSBC added in a statement that the portfolio had assets under management of USD 12.5 billion (9.2 billion euros) at the end of 2013.

Govt accepts report on rationalising definitions of FDI, FII

Last Updated: Saturday, June 21, 2014, 20:08

Foreign direct investment is subject to sectoral caps.

AP CM Naidu allocates berths, keeps Energy, Industry & Tourism

Last Updated: Wednesday, June 11, 2014, 18:29

Andhra Pradesh Chief Minister N Chandrababu Naidu has kept portfolios of Energy, Infrastructure, Industries and Commerce and Tourism among others with himself while allocating berths to Ministers on Wednesday.

Citi Securities registers as first FPI

Last Updated: Wednesday, June 04, 2014, 19:13

Citi India Securities Services has become the first designated depository participant to register as the country's first foreign portfolio investor (FPI) under the newly-formed SEBI guidelines on this set of investors.

HSBC securities registers for new FPI scheme

Last Updated: Sunday, June 01, 2014, 16:49

HSBC Securities has registered for Foreign Portfolio Investor on the first day of implementation of the latest FPI regulations notified by SEBI.

Maneka Gandhi allotted previous Coal Minister`s office

Last Updated: Tuesday, May 27, 2014, 23:15

Animal rights activist and environmentalist Maneka Gandhi, who has been given the Women and Child Development portfolio, will assume charge of her office in Shastri Bhavan on Wednesday.

Shiv Sena upset over being given Heavy Industries portfolio

Last Updated: Tuesday, May 27, 2014, 22:58

Discontent in the NDA over portfolio allocation came to the fore on Tuesday with BJP`s oldest ally Shiv Sena unhappy over being given the Heavy Industries portfolio.

Luxury Hotels Group to have 40 member hotels in India by FY'15

Last Updated: Sunday, May 25, 2014, 11:30

UK-based Luxury Hotels Group- a collection of global hospitality properties- plans to have a membership of up to 40 hotels in the country by the end of the current fiscal.

Realty stocks hog limelight, Unitech shine with 15% gain

Last Updated: Tuesday, May 20, 2014, 19:28

Shares of Unitech surged 14.85 percent to settle at Rs 26.30, while Oberoi Realty gained 9.48 per cent to Rs 243.75 on the BSE.

Cap on FPI investment in defence would hit conglomerates: FICCI

Last Updated: Saturday, May 10, 2014, 18:46

According to the consolidated FDI policy circular effective from April 17, 2014, investment by foreign portfolio investor (FPIs) or FIIs (through portfolio investment) is not permitted in the segment.