• STARTUPS
    FDI consolidated policy includes startups, allows 100% FVCI

    The government is focusing on startup companies to promote job creation and innovation.(AFP File Photo) The commerce ministry in its consolidated FDI policy document released today has for the first time included start-ups, which can raise up to 100% of funds from Foreign Venture Capital Investor (FVCI). Start-ups can issue equity or equity linked instruments […]

  • LIFE
    IRDA allows insurers to invest in additional tier 1 bonds

    Photo: Mint Mumbai: The insurance regulator allowed insurers on Wednesday to invest in so-called additional tier 1 (AT1) bonds sold by banks, but the stiff terms set by the regulator mean many banks won’t be able to make the grade. AT1 bonds are perpetual bonds with debt-like and equity-like features issued by banks to augment […]

  • NEWS
    RBI allows banks to consider govt securities towards SLR calculation

    SLR is the minimum proportion of deposits that banks have to invest in government securities. Mumbai: The Reserve Bank of India has allowed banks to consider government securities acquired under the liquidity adjustment facility (LAF) towards the calculation of the statutory liquidity ratio (SLR). SLR is the minimum proportion of deposits that banks have to […]

  • ENTREPRENEURS
    Supreme Court allows Sebi to sell Sahara properties

    Supreme Court has allowed Sebi to initiate sale of the properties to raise bail money for Sahara chief Subrata Roy. Photo: Hindustan Times New Delhi: The Supreme Court on Tuesday asked the capital market regulator to initiate the sale of Sahara group properties to raise the money payable by group chief Subrata Roy for his […]

  • STARTUPS
    Govt defines e-commerce marketplace rules, allows 100% FDI

    The government notification on e-commerce models is expected to redefine the way online retail is done in India. Photo: iStockphoto New Delhi: The government on Tuesday allowed 100% foreign direct investment (FDI) in online retail of goods and services under the so-called “marketplace model” through the automatic route, seeking to legitimize existing businesses of e-commerce […]