Mumbai: The central bank (RBI) has specified that the foreign venture capital (VC) funds those kick in a part of the investment upfront, will get entry to Indian markets.
The condition laid down by RBI is related to some credible capital obligation before obtaining a formal registration.
Typically, a new foreign venture capital fund first forms an investment holding company in Mauritius with rudimentary capital, often not more than a few dollars. The investment company then files for registration with Indian regulators, and once it gets the approval overseas investors are gradually roped in.
The shares of Empee Distilleries have got listed today on Bombay Stock Exchange (BSE) 
Mumbai: The central bank (RBI) has specified that the foreign venture capital (VC) funds those kick in a part of the investment upfront, will get entry to Indian markets.
Mumbai: State-owned Life Insurance Corp of India (LIC) has created a separate company, which is named a
Mumbai: Barak Valley Cements Ltd has got listed today on the National Stock Exchange (NSE) at Rs 69.
Kampala (Uganda), Nov 23: Prime Minister Ma
