New regime places more limits on unregulated foreign entities
Smaller players may find it difficult to bear the costs associated with such a requirement.
Three closed-ended equity schemes have been launched in the past month or so and another is set to open soon for subscription.
While some companies, such as HSBC, have closed retail operations, big players such as India Infoline is scaling down.
The 91.9 per cent slide in the stock price of Gitanjali Gems since April has depleted the value of promoter Mehul Choksi's holding in the company by at least Rs 17 crore (Rs 170 million) a day on an average.
The exchange may now look to its real estate business for cash flows
Sahara says awaiting further clarity on issue from regulator, suggests 'human error' or investor confusion led to mismatch.
The value of the index, adjusted from its all-time high for the relative loss in the rupee's value, is close to sub-10,000 levels.
Indian investments in equity and debt account for the second-highest remittances outgo (about a quarter).
With response tepid so far from domestic investors, these funds might soon approach FIPB for approvals.
Markets regulator remains silent but could probe possible violations of takeover code or under fraudulent trade practices, say lawyers.
The regulator acted on the basis of a June 2011 complaint from the Office of the Directorate of Income Tax.
PE firms are looking at various ways to protect their nominee directors.
Cyprus, in accordance with the conditions set by the International Monetary Fund and European Union for a Euro 10-billion bailout package, had agreed to impose a tax on bank deposits in the country.
Every Rs 1-cr FII inflow has coincided with a Rs 11-cr investor wealth erosion.
Sahara accuses regulator of injustice, bad intent.
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