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Govt initiatives help revive FDI inflow after 3-year slump, up 54% in FY15

While manufacturing has seen a revival, the financial services has witnessed the maximum jump among the major sectors and the FDI in the sector rose 200 per cent from $1.02 billion in FY14 to $3.07 billion in FY15.

Irda allows banks to tie up with nine insurers

Irda has been making efforts to launch a policy of open architecture bancassurance policy.

posco investment, maharashtra FDI, maharashtra investment, foxconn maharashtra, india FDI, posco india, business news, economy news, india news, mumbai news, maharashtra news

POSCO signs MoA with Shree Uttam for steel plant in Maharashtra

Earlier, General Motors moved from Gujarat to Maharashtra for its $1 billion investment and Foxconn announced a $5 billion investment in the state.

FDI, Mumbai FDI, Delhi FDI, Global electronic manufacturing, Foxconn announcement, mumbai news, maharashtra news, indian express

‘Mumbai, Delhi NCR top two cities to attract FDI’

Even in the first two months, Maharashtra managed to retain its number 2 spot drawing in $1.67 billion between April and May.

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First big ticket FDI: Tech major Foxconn pledges $5 billion in Maharashtra

Foxconn chose Maharashtra over other states because it has a leading financial centre, and is home to quality talent and software-hardware integration facilities, Gou said after signing the MoU.

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State attracts FDI worth Rs 25,000 cr in eight months

Firm commitments from companies after Fadnavis’s investment roadshows in US, China, Germany and Israel.

irda, Insurance Regulatory and Development Authority, irda chairman, management norms, india news, business news

Irda says no to 100% FDI in insurance broking biz

There are around 400 members who handle 20 per cent of the Rs 84,000 crore premium generated by the Indian general insurance industry.

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Simply Put: Taking a composite view of foreign investment in India

The Cabinet has approved a ‘composite’ cap for foreign investment in Indian companies, removing sub-ceilings for multiple investor categories. The move is expected to boost overseas investment flows.

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Easing, not reform

The government should focus on due diligence and do away with foreign investment caps.

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Foreign equity composite cap: Banking, defence ‘strategic’, not part of new norm

Don’t want hot money of portfolio investment to come in these sectors beyond a limit: Official.

Raise in FDI cap will help insurance firms to get much needed capital from overseas partners. (Reuters)

Why 49% FDI is still not good news for the insurance sector

Four months since Parliament cleared a higher FDI cap for the insurance sector at 49 %, none of the major Indian companies have made any tangible moves to rope in capital from abroad.

Insurers will now be able to raise much needed capital from foreign partners and expand the business. (Source: Reuters)

Cabinet gives nod to foreign investment composite cap

The proposal is aimed at simplification of FDI policy with a view to attracting foreign investments and also improving ease of doing business in India.

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Attracting Funds: Investor meets

Earlier this year, states including Gujarat and West Bengal too held global investor summits.

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Retailers seek ease of biz and clarity on taxes from govt

The meeting was called by DIPP secretary Amitabh Kant to discuss issues in the retail sector

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Recruitment drive: LIC to hire 2 lakh new agents

LIC chairman SK Roy said the corporation is set to regain the market share in premium income.