News
Starwood Hotels & Resorts to Expand in India
Wednesday, February 07, 2007 Starwood Hotels & Resorts Worldwide, a New York based hospitality ownership, management, and franchis organization is
Meera Kapoor
Stories
News
NRI Indra Nooyi Becomes World’s Fourth Most Powerful Woman
Chennai born Indra Nooyi has been assigned the responsibilities of the Chief Executive Officer of world’s second largest soft drink…
News
Durban commemorates 100th anniversary of Satyagraha
As the year 2006 marked the centenary year of Satyagraha, an international conference was held in Durban, South Africa from…
Business
What’s Going on In the Global Market?
Tuesday, January 2, 2007 The Indian rupee hit a nine month high but gave up the gains. The Reserve Bank…
News
University for NRIs: Only 2 Months Away
Tuesday, January 16, 2007 Reassuring measures were announced by Minister of Overseas Affairs Ravi Vyalar for NRIs on 13th January;
News
The Non Resident Indian
The “Non-Returning Indian” was the butt of many a joke in one of Bollywood’s major hits two years ago.
Business
NRI Investments in India
The just concluded 5th Pravasi Bharatiya Divas in New Delhi left the 1500 delegates attending the conclave optimistic about India’s…
News
Making Indian Laws Valid to PIOs
Thursday, January 18, 2007 Erring husbands residing overseas may well be brought to book if the Indian Government succeeds in…
Business
Are foreign Institutional Investors (FIIs), Non-Resident Indians (NRIs), and Persons of Indian Origin (PIOs) allowed to invest in Indian companies? Ans: Yes, they are allowed to invest in the primary and secondary capital markets in India through the portfolio investment scheme (PIS). Under this scheme, FIIs/NRIs can acquire shares/debentures of Indian companies through the stock exchanges in India. Q2). What are the maximum overall investments one FII, NRI or PIO?
Ans: The upper limit for overall investment for FIIs is 24%, of the paid up capital of the Indian company,…
Real Estate
Can I dispose commercial properties in India?
Ans: Yes. Reserve Bank has granted general permission to foreign citizens of Indian origin to dispose of immovable properties other…