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RBI permits foreign banks' subsidiary to acquire pvt banks

The Reserve Bank on Wednesday permitted wholly-owned subsidiary (WOS) of foreign banks to acquire domestic private sector banks as well as set up branches anywhere in the country. It also allowed......

India Inc's global investment shrinks in August

Overseas direct investments by Indian firms declined 49 per cent year-on-year to $1.25 billion in last month, as per RBI data. Investments abroad had amounted to $2.47 billion in August 2013. As......

India Inc's Jul overseas direct investment fell by 53%

Overseas direct investment by Indian companies fell by over 53 per cent year-on-year to $1.16 billion in July 2014, as per RBI data. Investment abroad by Indian firms were at $2.47 billion in July......

Citibank rules out India subsidiary, informs RBI

Citibank has ruled out setting up a subsidiary in India and has officially informed the Reserve Bank of India about its decision.The banking regulator was hoping to convince a few foreign banks to......

RBI to come out with guidelines on foreign banks soon

The Reserve Bank will soon come out with comprehensive guidelines on foreign banks to encourage them to convert into wholly owned subsidiaries and enjoy near-national treatment. "While it will not......
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  People speak for wos

  • QNA
Q. i got a bailable warrent from court for non appearing in court.the officer gave me bail and told me to come on next date.he told me that court had issued summans to u (but i havent recieved a single one i wos not even knowing abt this case)now i want to know wheather i had to take bail again on the next date or its over when i appear in the court?this a case for non payment of a challanas i had not commited sucha crime should i face a trial or pay the challan.pls help need an answer from expert.
Amit:  A.  more

Q. ajnabi tu jane pehchane;Song, wos d singer/film ?
Amit:  A. Hum Sab Ustad Hain filmkishore kumar and lata ji more

Suno Gane
Q. kya Machhar bhi PEPSI pitey hein?
Suno Gane:  A. aaj kal wos beer bhi pee te hain yaar...! more

ankit shivam
Q. ye duniya usi ki,Song; wos d singer/film?
Ankit Shivam:  A. ye dunia meri to nahi, so i donno the ans more

  Web results for Wos
Investment in wos abroad

Dear Friends, please clarify thatIf an Indian Company put money initially as Loan in Wholly Owned Subsidiary (WOS) abroad & later the WOS coverts... ...
Foreign bank DBS may become local subsidiary

Foreign lender DBS Bank has commenced the process with the Reserve Bank of India to become a wholly-owned subsidiary (WOS) in India. A source... ...
Roto Pumps to set-up WOS Company in USA

Roto Pumps is setting up a wholly owned subsidiary (WOS) Company in USA to carry on the business of sales and marketing of company's products in US... ...
Khaitan comments on RBI norms for securing ECBs for ODI

The Reserve Bank of India (RBI) has now put in place a harmonised set of permissions and instructions in respect of creating security in favour of... ...
Career Point Edutech becomes wholly owned subsidiary of Career Point

Career Point Ltd has informed BSE that consequent to acquisition of 4.99% equity shares of Career Point Edutech Limited (an unlisted subsidiary of... ...

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