NRIs get clarity on foreign direct investment rules
Foreign investors can also use the NRI route to gain greater control of companies operating in certain sectors
Foreign investors can also use the NRI route to gain greater control of companies operating in certain sectors
They stand a good chance to gain from the surge in public issues
Those stuck in India during the pandemic have until the end of the month to sort out their affairs
But where should they put their money?
But it may not be the best option for NRIs
Involuntary overstay exemption not extended leaving some at risk of losing their non-resident status
Advisers doubt enforcement agency effectiveness to clamp down on abuses
120-day stay threshold not addressed which puts NRI status at risk for some
Wishlist includes one-year extension to temporary uplift in days NRIs can spend in the country
Who demand the return of the old system
As regulator prescribes criteria for senior and junior staff joining broking and advice firms
Expectations that growth momentum will get back on track this year and beyond