The government has taken one more small step in coming to grips with one of the most difficult parts of giving a decent burial to the Indian public sector – privatising Air India. It has allowed foreign airlines to own...
FDI norm: Sourcing rule could be a sore point for companies not buying locally
The relaxation of FDI norms in single-brand retailing in India will benefit companies that source goods from the country for their global operations. Companies that use ‘cutting-edge’ or ‘state-of-the...
Cross-border mergers make India favoured FDI route amid stagnancy: UNCTAD
Despite stagnant foreign direct investment (FDI) inflow of $44 billion in 2016, India will most likely remain most favoured destination due to its attractiveness among MNCs for cross-border mergers and acquisitions, a...
FDI in pharma to boost M&A deals, private equity investments
The pharmaceutical sector in India will register higher growth during the course of the next five years (22%) as compared to a CAGR of about 14% clocked by the sector during 2010-14, a report said. The government’s...
Is 100% FDI in retail still a distant dream?
Is 100% FDI in retail still a distant dream? SHANTANU NANDAN SHARMA What’s India’s retail therapy? Though the government has so far allowed FDI in single brand products up to 51%, it has not specified...
Listed cos takeover: SEBI concern over FDI thru automatic route
Listed cos takeover: SEBI concern over FDI thru automatic route The Securities and Exchange Board of India (SEBI) has expressed concern over the issue of allowing foreign direct investment (FDI) through acquisition of...
FDI in insurance upto 26 percent allowed via automatic route
The government on Friday said up to 26 per cent Foreign Direct Investment (FDI) in insurance companies will be allowed through automatic route, as it notified rules to increase foreign direct investment...
RBI Allows FDI In LLP
RBI welcomes Foreign Direct Investment in LLPs In a big benefit move, the Reserve Bank of India (RBI) has allowed foreign direct investment in limited liability partnerships. The LLP Act 2008 allowed foreign nationals...
South Africa’s Sanlam hikes stake beyond 50% in Shriram’s insurance JVs
Betting on India’s insurance growth potential, South African financial services giant Sanlam, on Friday, once again raised its holding in two of its Indian insurance joint ventures (JVs) with South India-based Shriram...
US-based F1 owner Liberty Media announces MotoGP takeover
Formula One’s U.S.-based owner Liberty Media announced a takeover of MotoGP’s parent company Dorna on Monday, valuing the world’s leading motorcycle racing championship at 4.2 billion euros ($4.53...
KKR, Carlyle and EQT among five buyout funds in race for Healthium
Some of the biggest buyout funds KKR, Carlyle, EQT, Hillhouse and TA Associates are competing against each other to buy out Healthium Medtech, the largest homegrown surgical sutures manufacturer, also the largest...
Apax initiates sale of Healthium Medtech
The British Private equity firm Apax Partners has started the process to sell Healthium Medtech, the largest homegrown surgical sutures manufacturer, said multiple people aware of the development. The proposed sale is...