RBI/2013-14/363 A.P. (DIR Series) Circular No. 69 November 8, 2013 To All Category I Authorised Dealer Banks Madam / Sir, Amendment to the Issue of Foreign Currency Convertible Bonds and Ordinary shares (Through Depository Receipt Mechanism) Scheme, 1993 Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No.11 dated September… Read More
Tags: Anno Domini, Categories of New Testament manuscripts, Finance Ministry, Foreign Exchange Management Act, Global depository receipt, India, List of companies of India, Reserve Bank
The Reserve Bank of India (RBI) has issued a notification amending the Foreign Direct Investment (FDI) norms on ownership during the recent times. Reserve Bank of India has issued Notification No. FEMA.278/2013 dated June 7, 2013 (available on RBI web-site) on guidelines for calculation of total foreign investment in Indian companies, transfer of ownership, control… Read More
Tags: foreign direct investment, India, List of companies of India, Lok Sabha, Ministry of Corporate Affairs, Planning Commission, Reserve Bank of India, Run batted in
Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion Press Note No.4 (2013 Series) Subject: Amendment of the existing policy on Foreign Direct Investment - definition of the term control, for calculation of total foreign investment i.e. direct and indirect foreign investment, in Indian companies. 1.0 Present Position: 1.1 As per paragraph… Read More
Tags: Asia, foreign direct investment, Government of India, India, Indian nationality law, List of companies of India, Ministry of Commerce & Industry, Shareholders' agreement
Keeping in view the current macroeconomic situation, the Reserve Bank of India has today announced the following measures: (i) Reduced the limit for Overseas Direct Investment (ODI) under automatic route for all fresh ODI transactions, from 400% of the net worth of an Indian Party to 100% of its net worth. This reduced limit would… Read More
Tags: Asia, Current account, Federal Reserve System, India, List of companies of India, rbi, Reserve Bank of India, Run batted in
Corporate law in India has finally taken a sigh of relief as the much awaited Company bill has been passed (press release available here) in the Rajya Sabha on Thursday, the 8th of August, 2013. The new company bill will come into effect immediately after the assent from the President. The press release by the… Read More
Tags: Class action, Corporate law, corporate social responsibility, Corporation, India, Law, List of companies of India, Rajya Sabha
The Reserve Bank of India today released, on its website, the data related to the results of the Survey on Foreign Collaboration in Indian Industry: 2007-2010. The survey captures comprehensive information relating to the nature, pattern, and operations of Indian companies having technical collaboration with foreign companies valid during the period April 2007 to March 2010 or part… Read More
Tags: Export, foreign direct investment, India, Japan, List of companies of India, Reserve Bank of India, Subsidiary, United States
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI-400 001 Notification No. FEMA. 278/2013-RB Dated : June 07, 2013 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Ninth Amendment) Regulations, 2013 In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange… Read More
Tags: Federal Emergency Management Agency, foreign direct investment, Foreign Exchange Management, Foreign Exchange Management Act, India, Indian Company, List of companies of India, Reserve Bank of India
India Offers Usd 150 Million for SEZ in Sittwe Indian Banks Make Inroads in Myanmar India™s Oil Companies Get Big Projects in the Oil Rich Myanmar Road Projects in Myanmar to Help India™s Land Locked Northeast Anand Sharma Meets President U Thein Sein of Myanmar India has offered US$ 150 million of credit for project… Read More
Tags: Anand Sharma, Burma, India, List of companies of India, Manmohan Singh, Myanmar, Shri Sharma, Thein Sein
1. There have been extensive media reporting in the print as well as electronic about on the quality of drugs (pharmaceutical products like APIs and formulations) manufactured in India for exports. Some isolated reports have also been received about export of spurious / counterfeit drugs attributed to some source in India 2. The Pharmaceutical sector… Read More
Tags: Abbreviated New Drug Application, Food & Drug Administration, GMP, India, List of companies of India, Pharmaceutical Export Promotion Council, Pharmaceutical industry
Rationalisation of With-Holding Tax (WHT) to Encourage Greater Subscription in Indian Debt Securities by Foreign Investors, Encourage Development of the Indian Debt Market and Accelerate the Pace of Growth of the Indian Economy. To enhance resource availability for infrastructure development in the economy, the rate of With-holding tax (WHT) on interest payments on the borrowings… Read More
Tags: Economy of India, Government, India, Investment, List of companies of India, WHT, Withholding tax
National Seminar Corporate Compliance Management -A Paradigm Shift- Wednesday, 1 May, 2013 Hotel Royal Plaza, New Delhi Indian economy is witnessing a new regime of reforms which will enthuse confidence for enhanced growth in the economy. With Indian business globalizing, the phenomenon of governance needs support of a robust Compliance Management. In the… Read More
Tags: ASSOCHAM, Corporate law, corporatelawreporter.com, Economy of India, India, List of companies of India, New Delhi, Planning Commission, Seminar
Russia to be Key Partner in Upcoming NMIZS Anand Sharma Discusses Key Projects with Russian Counterparts Russia will be a key partner in upcoming industrial townships under National Manufacturing Policy. The Union Minster of Commerce Industry and Textiles who met his counterpart Mr. Denis v. Manturov, Minister of Industry and Trade, Russian Federation and Mr.… Read More
Tags: Anand Sharma, Andrey Belousov, India, List of companies of India, Moscow, Russia, Russian Federation, Sharma
Anand Sharma Defends IP Flexibilities for Developing Countries at WIPO Calls for a Binding Treaty for Protecting Traditional Knowledge Hands Over Instrument of Accession to the Madrid Protocol. Addressing a High Level Policy Dialogue at the World Intellectual Property Organisation (WIPO) Headquarters in Geneva today, the Union Minister for Commerce, Industry and Textiles Shri Anand… Read More
Tags: Anand Sharma, Cabinet of India, India, Intellectual property, List of companies of India, Shri Sharma, WIPO, World Intellectual Property Organization