Offshore Investments

Germany shares unprecedented offshore property data with Indian government

The information, obtained under the 'spontaneous exchange of information' clause in the Double Taxation Avoidance Agreement between the two countries, has sparked widespread action by tax authorities

UP amends incentive policy to attract foreign investors for equity

Foreign firms investing in Uttar Pradesh by bringing in equity as well as loans will now be eligible to avail benefits under the state government's incentive policy. A decision in this regard was taken by the cabinet chaired by Chief Minister Yogi Adityanath here on Monday. The incentive policy has been rechristened as 'Foreign Direct Investment, Foreign Capital Investment and Fortune Global 500 and Fortune India 500 Investment Promotion Policy 2023'. Earlier, incentives under the policy were available to only equity investments. "Through this amendment, the Yogi government has given big relief to foreign investors. Through this, now foreign companies will also be able to invest in the state which brings in investment through equity as well as loan or any other source. With this decision of Yogi government, there is a possibility of increase in foreign investment in the state," an official statement said. Briefing about these decisions, UP Finance Minister Suresh Khanna said that

New offshore-mining regulations allow lease surrender after 10 years

Under the new rules, offshore areas will be made available for mineral exploration and production only after being notified in the Official Gazette by the administering authority

Baseless, devoid of truth: Sebi chief, husband deny Hindenburg allegations

Short-seller says whistleblower documents have revealed Sebi Chairperson Madhabi Puri Buch had stake in obscure offshore entities used in Adani money siphoning scandal; Buch terms allegations baseless

Sebi says only one probe remains in Adani-Hindenburg Research matter

Regulator asks investors to exercise due diligence before reacting to reports

Buch issues fresh details, says Blackstone on her 'recusal list' with Sebi

Amidst allegations from Hindenburg, the couple stated that they never had exposure to Adani firms

Sebi proposes separate FPI registration for issuing ODIs, P-notes

Sebi had specified thresholds such as over 50 per cent exposure by an FPI in a single corporate group or Rs 25,000 crore equity exposure in India

Exploring real estate investment opportunities abroad? Know key risks here

From a financial standpoint, the allure of diversifying, tax benefits, capital appreciation, and enjoying favourable rental yields serves as compelling incentive for investment in real estate

Govt notifies liberalised FDI norms for space sector to boost investment

The government has notified amendments to the foreign direct investment policy in the space sector to attract offshore investors in satellite manufacturing and satellite launch vehicles segments. Amendment made in the FDI policy for space sector through a gazette notification dated April 16, 2024, prescribes liberalized entry route and provides clarity for FDI in satellites, launch vehicles and associated systems or subsystems, creation of spaceports for launching and receiving Spacecraft and manufacturing of space-related components and systems. "These rules may be called the Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2024," the gazette notification said. The liberalized entry routes under the amended policy are aimed at attracting potential investors in the Indian companies in space. The Union Cabinet earlier this year gave approval to these amendments. The notification comes days ahead of the scheduled visit of Tesla CEO Elon Musk who is expecte

World Bank, others issue offshore rupee bonds worth $1.4 bn as demand soars

These offshore bonds, with maturities ranging from 4 years to 10 years, are denominated in Indian rupees but settled in U.S. dollars, the sources said

Sebi proposes ways for deregistered offshore funds to dispose of securities

A discussion paper is the first step taken by the Securities and Exchange Board of India (SEBI) before it finally changes its rules for market entities

China tightens some trading restrictions for domestic, offshore investors

Some quantitative hedge funds meanwhile were banned from placing sell orders completely starting Monday, while others were barred from cutting stock positions in their leveraged market-neutral funds

MNRE issues tender for construction of India's first offshore wind projects

Offers seven locations off TN coast; cumulative capacity at 7 GW

What is OCCRP that has levelled allegations against Adani and Vedanta?

A report published by OCCRP has accused Adani Group of routing investments in its publicly traded stocks through "opaque" Mauritius funds. But what is OCCRP, and why is it accusing the Adani Group

Open to lending to Adani Group but with conditions: Bank Of Baroda

Investors have been worried about various banks' exposure to the Adani Group ever since U.S.-based short-seller Hindenburg Research alleged improper use of offshore tax havens and stock manipulation

Hardeep Puri flags Offshore Bid Round; promises transparency to investors

Union minister Hardeep Singh Puri on Monday launched the Offshore Bid Round offering and assured transparency, efficiency and ease of doing business to investors. In a keynote address to industry leaders in Houston, the Union Petroleum and Natural Gas Minister described the initiatives taken by his Ministry in accelerating the exploration and production activities in India. Puri also gave his views on the importance of Coal Bed Methane in increasing India's domestic production and reducing the country's import burden. He launched the Special CBM (popularly known as Coal Seam Gas) Bid Round - 2022 for International Competitive Bidding on Monday at Houston. Simultaneously, Puri launched the Offshore Bid Round offering 26 blocks -- 18 carved out by DGH and eight as a result of expression of interests (EoI) from potential investors -- covering an area of approximately 2.3 lakh Sq. Km. Out of 26 blocks, three blocks based on EoIs are onshore covering an area of only 3,666 sq km, a medi

Vedanta turns to LIC for Rs 5,000 cr as offshore borrowing gets costlier

Fund to be raised via 10-yr bonds; another Rs 2K cr to come via 18-month papers

Indian cricket hero named in data leak on offshore dealings of superrich

A worldwide journalistic partnership quoting leaked documents called the Pandora Papers claims to have uncovered financial secrets of powerful figures in 91 countries, including India.

Pakistan power elite to ex-British PM: Revelations from Pandora papers leak

Moving money through offshore accounts, in mostly low-tax jurisdictions, is legal in most countries, and many of the people named in the data release aren't accused of criminal wrongdoing

IT firms likely to send more work to India as US proposes H-1B visa changes

Indian companies may step up US hiring after Trump administration's proposal to make changes in visa rules.