Moneycontrol PRO

business

Government gives nod to hike FDI caps in 13 sectors

A beleaguered government on Tuesday late evening announced a raft of investor friendly measures to woo overseas funds by easing foreign direct investment (FDI) caps in 13 sectors like insurance, commodities as well as stock exchanges, tea, telecom and others.

first published: Jul 16, 2013 09:05 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347