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Insurance FDI
Insurance FDI News
economic legislations
20 Mar 2015
Insurance sector to get lot of foreign investment: Jaitley
With the passage of three key economic legislations in Parliament, Finance Minster Arun Jaitley on Friday exuded confidence that the insurance sector is expected to get a lot of foreign investment.
Narendra Modi
05 Aug 2014
PM faces early resistance in insurance reform push
Jaitley needs the support of the opposition in the 250-member upper house of parliament where his Bharatiya Janata Party (BJP) and its allies have about 60 members.
insurance
24 Jul 2014
Insurance scrips gain as Cabinet clears FDI to 49%
Shares of companies that run insurance business rose by as much as 4 percent after the Cabinet today gave go-ahead to FDI cap hike in the sector to 49 percent with a rider that management control will remain in the hands of Indian promoters.
Insurance FDI
19 Jul 2014
'Insurance FDI via FIPB reduces regulator's powers'
The central government`s proposal to approve foreign direct investment (FDI) in the insurance sector through the Foreign Investment Promotion Board (FIPB) is seen as clipping the sectoral regulator`s wings and also a face saving measure by the BJP, say insurance officials.
FDI cap
18 Jul 2014
Insurance cos to get much-needed capital from higher FDI: Singh
Welcoming the government's proposal to hike FDI ceiling in insurance sector to 49 percent, Fortis Healthcare Executive Chairman Malvinder Mohan Singh on Friday said the move would help insurance firms attract much-needed capital from overseas partners.
FDI cap
18 Jul 2014
Raising FDI cap in insurance will spur growth: Irda
Raising FDI cap in the insurance sector will spur growth in this industry, ensuring entry of more players, Insurance Regulatory and Development Authority said on Friday.
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