Foreign investors seek greater fungibility of FDI and FPI rules

December 20, 2024

They are knocking on the doors of the government and financial market regulators, urging them to rethink a rule that forbids an overseas investor from being a foreign direct investor (FDI) as well as a foreign portfolio investor (FPI) in the same company.

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Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit

The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,

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Unimech Aerospace IPO opens tomorrow. Price band, GMP among 5 things to know before subscribing

The initial public offering (IPO) of Unimech Aerospace will open for subscription on Friday. The issue closes on December 17. Through the public offer, the

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