Regulatory

Indian Government has opened up single brand retail business in India by allowing 100% FDI.

SEBI has announced two additional modes of share sale to allow promoter groups to sell their stakes in listed firms to ease the process of increasing public shareholding for Indian companies.

In an attempt to attract more foreign funds and to deepen the Indian capital market, the GoI has decided to allow Qualified Foreign Investors to directly invest in Indian equity market. This move will allow individual foreign investors direct access to the Indian equity market.

RBI may allow all MFIs to raise upto $10Mn through ECBs to part fund their operations.

Over the concerns of inbound M&As effecting generic drug prices, RBI has notified new rules regarding FDI in pharma companies.

The GoI has approved FDI of upto 26% in the pension sector.

FIPB cleared 11 FDI proposals entailing a total FDI of Rs182.78 Cr in it's latest meeting. It deferred decisions on nine proposals and rejected six applications.

SEBI come out with guidelines for the issue of Structured Products and Market Linked Debentures. These guidelines will be applicable to the hybrid securities which have features of plain vanilla debt and exchange traded derivatives.

In an attempt to boost capital inflows in the infrastructure sector, RBI has allowed Infra companies to to raise Chinese yuan-denominated debt, through the approval route. RBI has also raised the borrowing limit for companies.