K Sera Sera Productions Ltd said it proposed issue of 80,00,000 equity shares on a preferential basis to strategic investors and NRIs.
They want FSI to be in line with export benefits for the sale of residential properties to NRIs and foreigners.
Of the total investments made last month, P-note holdings in equities were at Rs 72,321 crore and the remaining in debt and derivatives markets.
Banking laws for NRIs allow for the following deposit schemes, or simply put, accounts with authorized dealers -- banks and financial institutions authorized by Reserve Bank of India to deal in foreign exchange -- to be maintained in Indian rupees and in foreign currency.
'Oh god, these workers will now spread the virus! Their only concern was to think about themselves.' 'The middle class was only concerned with flattening the curve of coronavirus and they were not bothered about how these workers live in one room with 10 people or 20 people.'
'While we are all trying to stay indoors and help flatten the curve, all recruitment processes have been put on hold and I am unable to find a job for myself.'
Tere Bin Laden is free of drama and emotion. And it works.
'A proper system needs to be introduced to regularise unaccounted money in India or abroad for being used for the country's economic and infrastructural growth,' the IndusInd International Federation said in a pre-Budget memorandum to Finance Minister Pranab Mukherjee. The IIF also suggested that the country needs to take up electoral reforms. The NRIs favoured state funding of elections and stopping the 'flow of money into the parallel economy.'
The Dil Bole Hadippa actress has been confirmed as the second judge of Dance Premier League after Madhuri backed out.
If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.
Pranab Mukherjee's stewardship of the economy will stand out as much for the manner in which he managed controversies as for creating quite a few of them, says A K Bhattacharya.
The group chairman Srichand P Hinduja said in that finance minister Pranab Mukherjee has presented a 'confidence - building Budget of hope and change with focus on all inclusive growth.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Many of the more than 500 overseas Indians, who attended the dinner party hosted by Dixit were completely floored by her graciousness, humility, elegance, composure and the hospitality.
Such holders will earn only post office savings account rate of 4 per cent and not the higher rate on those instruments when the status was one of resident.
It has been decided to reduce home loan rate by 20 basis points.
The actress is all set to judge contestants on the new reality show, Dance Premier League.
Prime Minister Dr Manmohan Singh spoke to mediapersons about a number of crucial issues after the G-20 Summit in Pittsburgh. Here is the transcript:
'When a gift is received in cash, it is likely to be questioned, and your father may need to explain its source.'
'Virtual is the new Ritual and my mind often wonders: Did it have to take a microscopic inert organism to bring families closer?'
Here are the answers to six most relevant questions you MUST know about the New Pension Scheme.
'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.
Black Dahlia, directed by Babu Raj is a replica of Chintamani Kolacase. The Malayalam film is nothing but a showcase for Babu Raj's wife Vani Vishvanath.
A suspected case of swine flu has been reported in New Delhi. Unconfirmed reports say that the flu was detected on passengers who came from the United States. Details are awaited.
Bhairavi Goswami on how she closely missed being held hostage in Trident hotel, even as her friends were not as lucky.
'Makes one wonder how much of government will be left standing when this is finally over'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Long before former Satyam chairman B Ramalinga Raju admitted to a fraud of gigantic proportions, there was the Indian shipping magnate Dharma Teja who defrauded the Indian government by creating a hollow business empire and living off it. He was jailed for seven years and died soon after his release.
The famed composer seeks out some NRI performers for his concerts.
Lack of adequate infrastructure major drawback.
Those taking up a job abroad should notify their bank about the change in status and open appropriate NRI accounts
Tamil Nadu, the country's third largest IT services exporter, on Friday said it no longer needed investments in the sector and instead asked non-resident Indians to pump in money in manufacturing, be it even for brick kilns.
Housing lender HDFC Ltd has cut retail prime lending rate by 50 basis points.
Reliance Money has launched its UAE arm and plans to tap 1 lakh customers there.
Swiss authorities have always maintained that assets held by Indian residents in Switzerland cannot be considered as 'black money' and they actively support India in its fight against tax fraud and evasion.
Besides, the quantum of FPI investments via P-notes dropped to 3.5 per cent during the period under review from 3.8 per cent in the preceding month.
The Union Cabinet on Thursday referred the proposal for allowing People of Indian Origin to invest in domestic airlines on par with NRIs to a Group of Ministers.
Remnants of the Khalistan movement in Vancouver may stage a protest against Prime Minister Modi
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Experts say in the serviced apartments space, developers, primarily from the hospitality sector, are targeting non-resident Indians, expatriates and now, even domestic investors.
But the more significant development is that just as politicians took over pujas some years ago, NRIs, hi-tech and market managers are now moving in. I have nothing against them except that it would be sad if professional commerce overwhelms the spirit of collective youthful effort that traditionally sustained public pujas.
