RBI tweaks norms on VRR investment by FPIs

The Reserve Bank of India Friday fixed the investment limit at Rs 54,606.55 crore for foreign portfolio investors (FPIs) under the voluntary retention route (VRR), which allows to park funds in both government securities as well as corporate debt. VRR for investments by FPIs was introduced on March 1. Limits for investment in debt by […]

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Don’t change your investment strategy due to elections

From economists to businesses to the common man, the election results are a very-keenly watched and much-discussed event, with various decisions being put on hold to be decided after the outcome. There are multiple opinions on what will the impact of the outcome be on financial markets and investment portfolios. Irrespective of which party comes to power, […]

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Mastercard to invest $1 billion to develop India as global tech node

This investment will help foster innovation and increase Mastercard’s speed-to-market capabilities and value-added services Global card payments major Mastercard, on Monday, said it will invest $1 billion in India over the next five years, with plans to make the country a global technology node for its platforms. The company has already invested $1 billion in […]

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India’s Top Investment Destinations

Every state in India has a unique economic profile that presents challenges and opportunities to any foreign investor examining the country for expansion. In this article, we provide a bird’s eye view of the economic features of the country’s top five investment destinations: Gujarat A leading industrial state, Gujarat enjoys faster GDP growth than India as a […]

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India needs a minister of investment, not just finance

India needs a minister for investment. Whoever wins the May 23 election count, the next government must find somebody who will boldly open the doors to American and Japanese capital. Another statist intervention in a country that labors under an excess of bureaucracy might not look like much of a solution to anything. But for […]

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PayPal makes $500mn investment in Uber: Report

SAN FRANCISCO: Global online paymentssystem PayPal is investing $500 million in Uber ahead of the highly anticipated Initial Public Offering (IPO), the media cited the ride-sharing major updated S1 filing. “I don’t think you spend that kind of money unless it’s part of a global strategy to enable these new super-platforms,” Ryan Gilbert, Partner at Venture Capital Firm Propel Ventures was quoted […]

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PayPal makes a big marketplace play with its $500M investment in Uber

Uber’s  announcement of its IPO pricing earlier today came with a $500 million belated Easter egg. The payments giant PayPal is making a half-billion-dollar investment in the company, paying $47 per share, which gives the company a valuation of $78.8 billion (in the middle of the range of Uber’s IPO pricing of $44-$50 per share). Neither Uber nor PayPal  gave […]

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