Business

India’s successfully to place face a brand unique hurdle to investing in offshore funds by the employ of LRS

Mumbai: India’s wealthy who invest in offshore investment funds are facing challenges remitting money overseas through the Liberalised Remittance Scheme (LRS) route, following the new norms by the Reserve Bank of India.According to a circular issued by the central bank in late August regarding overseas direct investments (ODI…

Published

2 years ago

October 12, 2022

Shrishti

Mumbai: India’s successfully to place who make investments in offshore funding funds are going thru challenges remitting cash in a foreign nation thru the Liberalised Remittance Plan (LRS) route, following the unique norms by the Reserve Bank of India.In step with a circular issued by the central financial institution in slack August regarding in a foreign nation negate investments (ODI…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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