The FinTech Hub
Source: Business Standard FVCIs are required to hold their investments in demat form. | Photo: Shutterstock 3 min read Last Updated : Sep 09 2024 | 6:34 PM IST Capital markets watchdog Sebi has notified rules to streamline the framework for the registration of Foreign Venture Capital Investors (FVCIs). Under this, the process…
Source: Business Standard Seema Lal, an assistant professor at a well-known college in Dehradun, spent a decade conducting research in Canada. After seven years back in India due to a family crisis, her desire to return to Toronto is strong. “Once you get a taste of living there, it’s hard to feel satisfied returning…
Source: Business Standard The preliminary investigation pointed to violations of the regulator’s insider trading norms by various entities | SEBI | (Photo: Shutterstock) 3 min read Last Updated : Sep 09 2024 | 8:19 PM IST Sebi on Monday lifted restrictions imposed on 16 entities, including some former employees of Infosys, in a case…
Source: Business Standard Finance Minister Nirmala Sitharaman addresses the press conference after the GST Council meet | Credit: X/@FinMinIndia 3 min read Last Updated : Sep 09 2024 | 8:29 PM IST GST Council headed by Union Finance Minister Nirmala Sitharaman on Monday decided to set up a Group of Ministers (GoM) on reducing…
Source: Business Standard Awais Ahmed, Co-founder and chief executive officer of Pixxel 3 min read Last Updated : Sep 09 2024 | 8:16 PM IST Bengaluru-based space technology startup Pixxel, which specialises in cutting-edge hyperspectral Earth-imaging technology, has won the largest ever supplier deal by an Indian company from the US space agency National…
Source: Business Standard 3 min read Last Updated : Sep 09 2024 | 7:51 PM IST The Securities and Exchange Board of India (Sebi) has notified norms governing Foreign Venture Capital Investors (FVCIs), effectively bringing them at par with those for Foreign Portfolio Investors (FPIs). The amendments make a comprehensive revamp of the registration…
Source: Business Standard 3 min read Last Updated : Sep 09 2024 | 6:44 PM IST The number of Indian students pursuing higher education abroad doubled between 2019-20 and 2023-24, according to a recent report by CRISIL Ratings. The same report adds that education loans for overseas studies are a rapidly expanding segment…
Source: Business Standard 2 min read Last Updated : Sep 09 2024 | 7:11 PM IST Industrial gases and engineering firm Linde India has sought relief from the Securities Appellate Tribunal regarding the valuation diktat stated in an order passed by the Securities and Exchange Board of India (Sebi). The tribunal may deliver…
Source: Business Standard 3 min read Last Updated : Sep 09 2024 | 6:54 PM IST New business premiums of life insurance companies grew 21.8 per cent year-on-year (YoY) to Rs 32,644.09 crore in August, aided by robust growth in premiums of state-owned Life Insurance Corporation (LIC). LIC’s new business premium growth was…
Source: Business Standard During these 180 days, the investee companies will restrict the FPIs’ voting rights to its actual shareholding or its shareholding corresponding to 50 per cent of its equity AUM on the date its FPI registration is rendered invalid, whichever is lower (Photo: Shutterstock) 4 min read Last Updated : Sep 09 2024…
