Speaking to reporters at the customary post-policy review press conference, Das acknowledged that there have been requests from mutual funds and other market players for relaxations of the limits.
To start with, India has identified one copper and two lithium mines in resource-rich Argentina to either acquire or secure long-term leases
"The members of this network, under the guidance of anti-revolutionary agents living in Germany and the Netherlands, were intending to carry out subversive action by procuring war weapons and acting against national security," the Revolutionary Guards' statement read.
Xi, wearing a mask, visited an exhibition in Beijing on Tuesday about China’s achievements over the past decade, state-run news outlet Xinhua reported.
Fees for the first couple of years, petty cash to take you through a year’s expenses….there is only so much you can plan before you fly overseas for higher studies. But expenses will crop up once you begin your course. Here’s how to manage your money then
Apart from providing an additional fund raising avenue for the corporates looking to expand and boost their business activities, overseas listing of shares would also help in bringing more capital into the country.
The country's largest gold and diamond jewellery retailer Malabar Group is planning to invest around Rs 1,000 crore for expansion, mostly overseas, this year to take its store counts to 200 by December.
A remarkable swing in overseas performance is likely from January, says Pradeep Bajoria, MD of IFGL Refractories.
State-owned CIL is looking at appointing a merchant banker to assist it in acquiring assets overseas so as to enhance the nation's energy security.
The general consensus among many experts today, is that there is limited choice for new real estate investments in India‘s metropolitan regions, given the spiralling prices of real estate and the lack of confidence R
Silver cracked below Rs 46,000-mark by falling Rs 350 to Rs 45,800 per kg today, tracking a weak trend overseas amid reduced off-take by industrial units in the domestic market.
"Going forward, we expect things to be much better and we hope to achieve 10 percent growth and better profitability", Pradeep Bajoria, MD of IFGL Refractories said.
Under the proposed scheme, which is likely to be launched within a month's time, ECGC will provide cover to 85 percent of the project cost to the overseas-based subsidiaries of the Indian companies.
Big Deal throws more light on large transactions that have been announced in India and overseas; a Chinese firm, Shanghai Fosun set to acquire 86 percent stake in Gland Pharma for over USD 1.3 billion; Yahoo sells its web business to Verizon for just under USD 5 billion and Flipkart's Myntra pips Snapdeal.
Spread over a massive 5.4 million square feet area, Terminal 3 is an integrated domestic and international airport with a combined capacity to handle ...
The aviation policy may also boost regional connectivity by providing sops to airline companies to fly through unviable routes, learns CNBC-TV18.
Sarraf says ONGC is scouting for overseas assets, but weak crude prices has made the task more challenging than before
The Indian rupee opened lower at 66.12 per dollar as against yesterday's level of 66.03 at the Interbank Foreign Exchange (Forex) market. It hovered in the range of 66.1750 to 66.10 per dollar during the morning deals, before quoting 66.12 at 1030 hrs.
A meeting of company's board will be held on September 28 to consider the proposal for sale of step down overseas subsidiaries, Elder Pharma said in a regulatory filing.
Indian companies raised over USD 727.33 million from overseas markets in April 2015, down 77.3 per cent from a year ago, according to RBI data.
Foreign investors are allowed to invest up to USD 25 billion (Rs 124,432 crore) in government debt securities through auction route, while an investment of up to USD 5 billion (Rs 29,137 crore) is permitted 'on tap'.
The proposal to tax companies' overseas earnings, rather than making our tax code simpler and more competitive through reform, is an area that gives us significant pause," the Information Technology Industry Council (ITI), president and CEO Dean Garfield said in a statement yesterday
Under the new rules, companies can use a charge on their assets as security for the loans
The overseas business which was around 1% till 2005 has gone up to 30%, said Siddharth Reddy of Country Club.
Tata Motors, which alone accounts for nearly 65 percent of the heavy-duty truck market in India - a segment that has fallen over 25% this year, is now looking at newer overseas markets and expects international sales to grow three-times to 150,000-160,000 units a year by FY17.