P-Note Investments in Indian Markets Soar to Nearly 6-Year High In recent developments, investments through participatory notes (P-Notes) in the Indian markets have surged to a nearly six-year high, reaching a staggering figure. This significant increase in P-Note investments indicates growing investor confidence in the Indian market despite global uncertainties. Let’s delve deeper into this…
RBI Introduces FEMA Regulations for Direct Listing on International Exchanges In a significant move, the Reserve Bank of India (RBI) has introduced Foreign Exchange Management Act (FEMA) regulations for direct listing of Indian companies on international stock exchanges. This initiative aims to streamline the process for Indian companies seeking to list directly on foreign bourses,…
Telangana Grabs India’s First Gorilla Glass Factory In a significant development that showcases Telangana’s growing prominence in the manufacturing sector, the state has successfully attracted India’s first Gorilla Glass factory. This milestone has far-reaching implications for the state’s industrial landscape and the broader economy. In this article, we will delve into why this news is…
Russia’s Dilemma: Large Amounts of Indian Rupees That It Can’t Use Russia has recently disclosed that it holds a significant amount of Indian rupees, but it is facing difficulty in using them. The problem has arisen because of the Reserve Bank of India’s stringent regulations, which prohibit foreign entities from using rupees for transactions within…
Singapore Airlines investment Air India : Singapore Airlines Receives 25.1% Stake in Air India Group After Investing $267 Mn Singapore Airlines has invested $267 million in the Air India Group and received a 25.1% stake. This deal is significant for the aviation industry and marks the first investment by a foreign airline in an Indian…
Alibaba exits Paytm : Alibaba Exits India’s Paytm, Selling Shares for $167 Million Alibaba, the Chinese multinational conglomerate, has sold its shares in India’s leading digital payments company, Paytm, for $167 million. This marks Alibaba’s complete exit from Paytm after having invested over $2 billion in the company since 2015. Why This News Is Important…
