The Reserve Bank of India (RBI) has streamlined the process for Foreign Portfolio Investors (FPIs) to reclassify their ...
As per the RBI framework, the foreign portfolio investors have the option of divesting their holdings or reclassifying such holdings as FDI if the 10 per cent cap is breached. This reclassification ...
For reclassification, the entire investment held by such FPI should be reported within the timelines as specified under the Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt ...
Depew contractor Galbo Group acquires Fairwood Realty, managing 4,000+ units in 60+ homeowner associations in WNY and aims ...