The department of industrial policy and promotion (DIPP) and the Reserve Bank will shortly meet to evaluate the situation arising out of Lehman’s collapse, as the US giant has $500-million investment in Indian real estate projects. Foreign investment norms for real estate do not allow repatriation of funds within three years of investment. The RBI-DIPP […]
Tag: Investment Norms
New Investment Rules For Venture Capital And Private Equity
August 7, 2008 – 1:24 am
The government may soon come out with new investment norms for venture capital (VC), private equity (PE) and hedge funds to make their operations transparent and create a level-playing field for both the domestic and foreign players. Joint secretary in the finance ministry KP Krishnan said government is likely to revisit norms for VC funds […]
