Foreign ownership in Swiggy goes below 50%
Swiggy's foreign shareholding fell to 49.76% after foreign investors sold shares post its November 2024 IPO, crossing a key threshold in its bid to qualify as an Indian Owned and Controlled Company. IOCC status would let its quick commerce arm Instamart hold inventory directly, potentially improving margins.
1mo ago · 3 min · Business
Toyota to build new 100,000-units-a-year car factory in India
Toyota plans to build a new car factory in India capable of producing 100,000 units per year. The greenfield plant signals a major long-term bet on Indian demand and positions Toyota to expand its export capacity from the country.
3mo ago · 2 min · Business
No PANs issued to FPIs for a month, onboarding hit
At least 20 newly registered foreign portfolio investors have been unable to open trading accounts in India for about a month after changes to the Common Application Form and PAN application process created a gap that blocks account activation.
3mo ago · 3 min · Markets
Centre allows 100% FDI in insurance via auto route
India has allowed 100% FDI in insurance through the automatic route, removing the requirement for prior government approval. Foreign investors must still obtain an IRDAI licence to operate, but can now fully own Indian insurance companies without a separate clearance.
3mo ago · 2 min · Policy & Government
Finance Ministry notifies FDI easing for foreign firms with up to 10% Chinese stake under FEMA
India's Finance Ministry has notified FEMA rule changes allowing foreign companies with up to 10% Chinese ownership to invest via the automatic FDI route, skipping prior government approval.
3mo ago · 3 min · Policy & Government
India notifies 100% foreign investment in insurance sector, LIC limit stays at 20%
India has notified 100% FDI in insurance under the automatic route, letting foreign investors fully own Indian insurers without prior approval. The change opens the door for JV buyouts and new entrants, though LIC retains its separate 20% FDI cap.
3mo ago · 2 min · Policy & Government
Toyota shifts gears to India with three new assembly plants in Maharashtra
Toyota Motor plans to build three assembly plants in Maharashtra, India, backed by an estimated 300 billion yen investment. The expansion would triple its Indian output to one million vehicles a year by the 2030s. It signals a major long-term bet on India as a core global manufacturing base.
3mo ago · 1 min · Business
India’s data centre market to reach $22 billion by 2030
India's data centre market is forecast to reach $22 billion by 2030, propelled by cloud and AI demand alongside foreign capital inflows. Government incentives and cost advantages are the structural drivers attracting investors to the sector.
4mo ago · 1 min · Technology
Foreigners Own Nearly $30 Trillion in U.S. Stocks and Bonds. Here Is Why That Number Should Be on Every Investor's Radar
Foreign investors hold nearly $30 trillion in U.S. stocks and bonds, making external ownership a systemic variable in American asset pricing. A shift in foreign allocation, even modest in percentage terms, translates into trillion-dollar flows that can reprice equities and move Treasury yields. Reserve diversification
4mo ago · 1 min · Markets