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    World Economic Forum Meet:State signs MoU with Lulu Group for Rs.2000 cr investment;CM holds talks with heads of Jubilant Group, Hitachi, Hero Motocorp & Siemens

    World Economic Forum Meet:State signs MoU with Lulu Group for Rs.2000 cr investment;CM holds talks with heads of Jubilant Group, Hitachi, Hero Motocorp & Siemens

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    CM Bommai gets teary after watching ‘777 Charlie’Action to take care of street dogs after discussing with experts: CM Bommai

    CM Bommai gets teary after watching ‘777 Charlie’Action to take care of street dogs after discussing with experts: CM Bommai

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    CM Bommai announces Rs.5 lakh reward for Badminton team member Lakshya Sen

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    CM Bommai flags off TCS World 10K run;The run to instill new enthusiasm: CM Bommai

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    State to give a push for Kabaddi and Basketball: CM Bommai

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    Work on Film City in Mysuru will start this year itself: CM Bommai

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    KSR Bengaluru Railway Station gets 5-Star ‘Eat Right Station’ certificate

    KSR Bengaluru Railway Station gets 5-Star ‘Eat Right Station’ certificate

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    Closing Function Of Iconic Week Of “Azadi Ki Rail Gadi Aur Stations

    India’s first-of-its-kind Brain Health Clinic inaugurated at Jayanagar Government Hospital by Dr K Sudhakar

    India’s first-of-its-kind Brain Health Clinic inaugurated at Jayanagar Government Hospital by Dr K Sudhakar

    General Manager, South Western Railway Felicitates Freedom Fighters and Flags Off Bike Rally

    General Manager, South Western Railway Felicitates Freedom Fighters and Flags Off Bike Rally

    Bengaluru Division Celebrates Iconic Week Of “AZADI KI RAIL GADI AUR STATIONS”

    Bengaluru Division Celebrates Iconic Week Of “AZADI KI RAIL GADI AUR STATIONS”

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    CM launches Corona Vaccination ‘Amrit Mahotsav’

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    IIMB opens new Hospital Management course, Health Minister Sudhakar says Dream come true

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    Digital Smart Cloak Rooms at KSR, Cantonment railway stations

    Health Minister Dr Sudhakar exhorts Pharma companies to leverage Bengaluru’s healthtech and medtech startup ecosystem for growth

    Health Minister Dr Sudhakar exhorts Pharma companies to leverage Bengaluru’s healthtech and medtech startup ecosystem for growth

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    World Economic Forum Meet:State signs MoU with Lulu Group for Rs.2000 cr investment;CM holds talks with heads of Jubilant Group, Hitachi, Hero Motocorp & Siemens

    World Economic Forum Meet:State signs MoU with Lulu Group for Rs.2000 cr investment;CM holds talks with heads of Jubilant Group, Hitachi, Hero Motocorp & Siemens

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    CM Bommai gets teary after watching ‘777 Charlie’Action to take care of street dogs after discussing with experts: CM Bommai

    CM Bommai gets teary after watching ‘777 Charlie’Action to take care of street dogs after discussing with experts: CM Bommai

    CM Bommai announces Rs.5 lakh reward for Badminton team member Lakshya Sen

    CM Bommai announces Rs.5 lakh reward for Badminton team member Lakshya Sen

    CM Bommai flags off TCS World 10K run;The run to instill new enthusiasm: CM Bommai

    CM Bommai flags off TCS World 10K run;The run to instill new enthusiasm: CM Bommai

    State to give a push for Kabaddi and Basketball: CM Bommai

    State to give a push for Kabaddi and Basketball: CM Bommai

    Work on Film City in Mysuru will start this year itself: CM Bommai

    Work on Film City in Mysuru will start this year itself: CM Bommai

  • Lifestyle
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    KSR Bengaluru Railway Station gets 5-Star ‘Eat Right Station’ certificate

    KSR Bengaluru Railway Station gets 5-Star ‘Eat Right Station’ certificate

    Closing Function Of Iconic Week Of “Azadi Ki Rail Gadi Aur Stations

    Closing Function Of Iconic Week Of “Azadi Ki Rail Gadi Aur Stations

    India’s first-of-its-kind Brain Health Clinic inaugurated at Jayanagar Government Hospital by Dr K Sudhakar

    India’s first-of-its-kind Brain Health Clinic inaugurated at Jayanagar Government Hospital by Dr K Sudhakar

    General Manager, South Western Railway Felicitates Freedom Fighters and Flags Off Bike Rally

    General Manager, South Western Railway Felicitates Freedom Fighters and Flags Off Bike Rally

    Bengaluru Division Celebrates Iconic Week Of “AZADI KI RAIL GADI AUR STATIONS”

    Bengaluru Division Celebrates Iconic Week Of “AZADI KI RAIL GADI AUR STATIONS”

    CM launches Corona Vaccination ‘Amrit Mahotsav’

    CM launches Corona Vaccination ‘Amrit Mahotsav’

    Bangladeshi blogger Ananta Das murder case accused arrested after seven years in Bengaluru

    IIMB opens new Hospital Management course, Health Minister Sudhakar says Dream come true

    IIMB opens new Hospital Management course, Health Minister Sudhakar says Dream come true

    Digital Smart Cloak Rooms at KSR, Cantonment railway stations

    Digital Smart Cloak Rooms at KSR, Cantonment railway stations

    Health Minister Dr Sudhakar exhorts Pharma companies to leverage Bengaluru’s healthtech and medtech startup ecosystem for growth

    Health Minister Dr Sudhakar exhorts Pharma companies to leverage Bengaluru’s healthtech and medtech startup ecosystem for growth

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Government Nod Mandatory For All FIDs From Neighbouring Countries

April 19, 2020
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Days after china’s central bank raised its stake in HDFC taking advantage of fall in its share prices, the centre on Saturday rushed to amend the country’s foreign direct investment rules to curb opportunistic takeovers by neighbouring countries.
The department for the promotion of industry and internal trade under commerce ministry said in a notification that all activities in which foreign investment is permitted. The move comes in the midst of a score of small and medium size companies writing to the MSME minister seeking a temporary half in FID through automatic route.
In the letter last week, they had raised the issue of Indian cooperate sector being sold in distress to Chinese companies. With the valuation of companies taking a severe hit due to COVID-19 crisis, the government is understood to have undertaken a strict scrutiny of the FID  investments. The letter was forwarded to PM office for further consideration.
The notification said that people of Pakistan will now be allowed to invest in Indian companies, only under the government route, and will not be allowed to invest in defence, space or atomic energy sector.
At present, a non resident entity can invest in India subject to the FID policy except in those sectors or activities which are prohibited. However a citizen of Bangladesh or an entity incorporated in Bangladesh can invest only under the government route

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