Remya Nair
Stories by Remya Nair
India approves listing of state-owned general insurance firms
Listing will help meet the divestment targets of the government.
India: Cabinet approves strategic stake sale in public sector units
“Strategic sales will involve a change in management control. Some of these are important units. Since each unit will be considered at its own merit
Uber India pitches for deregulation of transport industry
Uber has seen stiff resistance from local black and yellow taxis and has had several run-ins with the government over pricing and permits.
India approves liberalisation of FDI norms for non-banking finance firms
Foreign investment in NBFCs can now come under the automatic route provided they are regulated by any of the financial sector regulators. But entities
India: Govt to infuse $3.4b in 13 public sector banks
State Bank of India and 12 other state-run lenders, struggling with rising bad loans and losses, are set to get Rs.22,915 crore in capital as the gove
India: Sujoy Bose to head National Investment and Infrastructure Fund
NIIF is a quasi sovereign wealth fund announced in last year’s budget with a corpus of around Rs.40,000 crore to finance the requirements of India�
India: Govt announces major overhaul of FDI rules
FDI rules for aviation, defence relaxed, but tightened for single brand retail
Why everyone wants a piece of India Post’s payments bank
IPPB will, on the day it launches, have a network of more than 150,000 branches, of which almost 140,000 are in India’s rural hinterland.
Will new tax treaty with Mauritius turn India into a fund management hub?
The new tax treaty between India and Mauritius may achieve what last year’s budget tried to do, albeit unsuccessfully—encourage offshore fund mana
