NRIs, OCIs (Overseas Citizens of India) and RIs (Resident Indians) have been permitted to hold non-controlling stake in FPIs.

The WBG institution comprises of the International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).

The irony is that the home-grown retailers are starved for cash and need capital and at the same time global giants are finding ways of investing in multi-brand physical retail companies.

The global movement towards digital health has many implications for the Indian healthcare sector.

Market regulator Sebi did well to promptly address concerns around its earlier circular that barred NRIs and Persons of Indian Origin from being Beneficial Owners (BO) in FPI funds investing in India.

Infant deaths were reported highest in the world in India, followed by Nigeria at 4,66,000, Pakistan 3,30,000 and Democratic Republic of Congo 2,33,000 (DRC), the report said.

Ola's latest round of funding from the two Chinese investment firms comes when the company is eyeing expansion across India and abroad.

In an effort to curb mis-selling of schemes, the market regulator may bar mutual funds from paying upfront commission to distributors and financing their foreign junkets.

Time, like other magazines, has struggled with continued declines in print advertising and newsstand sales.

India's digital gaming industry is on steroids. But making money out of the craze is still a challenge for companies.

The founder of the company, Baba Ramdev, is targeting sales to the tune of Rs 1,000 crore by 2020, and daily sales would be around 10 lakh litres.

Mallya kept borrowing more and more to keep KFA flying - putting up his shares and other assets as collateral to keep getting loans from banks.

30s come pre-installed with all the worry of the future. Is buying that dress a good idea now, when you can save those extra bucks for your contingency fund? Should you buy that expensive phone, when you can put more than half of it in your retirement fund and still manage to buy an equally good phone?

Maruti Suzuki is planning to shift its Gurgaon factory to another location in Haryana but it would take 4-5 years for a new facility to become operational.

The country would see the number of demi-billionaires rise from 200 in 2017 to 340 by 2022. The report expects India, the world's second largest economy, to grow at a higher pace, which will push more Indians into the $500-million club.

Looking to invest money for short-term, but equities are not your cup of tea? You may consider investing in a fixed-income instrument as one from Tata Group's stable has just hit markets.

SEBI initiated a public consultation process for finalising the new guidelines after a high-powered panel suggested changes on several contentious proposals and more time for compliance with new KYC and beneficiary ownership norms.

The company is also planning to invest heavily to promote its in-house labels such as MarQ (appliances like washing machines and ACs), Perfect Homes (furniture brand), SmartBuy (electronics and accessories), etc. Other offerings from Flipkart like flexible EMI option through both debit card and debit card and mobile protection services will drive in more sales.

Ride-hailing app Uber, which is considering India among five global locations for its futuristic aerial taxi service, Thursday said it is in talks with regulators in the country to gauge the modalities and constraints of offering such a service.

After several objections were raised by the FPIs, the regular has now formed a working group, which will be headed by former RBI Governor HR Khan. The group will look into issues like KYCrequirement and disclosures regarding beneficial ownership.