Tag: investments in India

The revised FDI norms are expected to help process around 600 pending investment applications (Unsplash)
Posted in Business

FDI norms soon for companies with part-Chinese stake

The government will soon notify a framework for time-bound approvals of investments by companies with limited Chinese ownership in seven identified sectors, including rare-earth magnets…

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Prosus doubles stake in Urban Company ahead of $1.8 billion IPO
Posted in Startups

Prosus doubles stake in Urban Company ahead of $1.8 billion IPO

Prosus NV, known for its massive stake in Tencent Holdings Ltd., said it more than doubled its stake in Urban Company ahead of the Indian…

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