Foreign Exchange Rules

Securities and Exchange Board of India has approved tightening of rules for usage of proceeds from initial public offers

The US Department of Homeland Security (DHS) on Thursday announced a proposed rule to fix the period of stay for international students, exchange visitors and foreign journalists to "encourage program compliance and enhance national security."

Three more people have been arrested by the CBI in a case of Rs 90 crore received by aviation consultant Deepak Talwar's NGO Advantage India in alleged violation of foreign exchange rules, officials said on Thursday.

The Enforcement Directorate on Friday said it has asked a Kashmiri businessman to pay Rs 62 lakh as penalty for an alleged violation of the foreign exchange rules. The man, Zahoor Ahmad Shah Watali, is already facing terror-funding charges.

The Enforcement Directorate on Friday said it has slapped Rs 62 lakh penalty on Kashmiri businessman Zahoor Ahmad Shah Watali, already facing terror-funding charges, for alleged violation of foreign exchange rules and operating bank accounts in Delhi using fake NRI credentials.

On Monday, Godfrey told National Stock Exchange "the suggestion of alleged violation of the FDI laws of the country is completely misconceived and misplaced".

Markets fell for the second straight day as fresh concerns emerged over an April circularfrom regulator Sebi (Securities and Exchange Board of India) that said foreign investment rules for companies of Indian origin had been tightened.

The Bombay High Court said the IPL has made people familiar with phrases like "betting and fixing" and in view of the alleged violations of foreign exchange rules it was time to see if the tournament was in the interest of the game of cricket.

After 18 weeks in jail, AIADMK chief VK Sasikala was seen publicly for the first time - on video conference before a Chennai court on Wednesday. The cases that drew the 61-year-old out of her prison cell in a Bengaluru jail was registered for violation of foreign exchange rules in the mid-1990s. This is during J Jayalalithaa's first term as chief m...

The Enforcement Directorate has issued show cause notice against Knight Riders Sports Pvt Ltd (KRSPL) and Bollywood actor Shah Rukh Khan's wife Gauri Khan for allegedly violating foreign exchange rules.

The rupee continued to rule firm for a third day, moving up by another 10 paise to 67.04 per dollar on Thursday, on persistent selling of the American currency by banks and exporters in view of sustained foreign capital inflows into domestic equities.

A Delhi court has asked business tycoon Vijay Mallya, wanted in India for thousands of crores in unpaid, loans to personally appear in a case, lifting an earlier exemption.

The Securities and Exchange Board of India (Sebi) on Wednesday said foreign portfolio investors (FPIs) can issue fresh participatory notes (P-Notes) to those entities which comply with tightened regulations by the capital markets watchdog.

The rupee continued to rule firm against the dollar for a fourth straight session, moving up by another 20 paise to close at a fresh three-week high of 66.77 on Tuesday, on sustained selling of the American currency by banks and exporters amid strong recovery in domestic equities.

As the Securities and Exchange Board of India (Sebi) readies to tighten its rules for controversy-ridden participatory notes, or P-Notes, major foreign investors including JPMorgan, HSBC, UBS and Goldman Sachs have supported the proposed provisions for immediate reporting of any breach to the market regulator and filing of suspicious transaction re...

Securities and Exchange Board of India has approved tightening of rules for usage of proceeds from initial public offers

The US Department of Homeland Security (DHS) on Thursday announced a proposed rule to fix the period of stay for international students, exchange visitors and foreign journalists to "encourage program compliance and enhance national security."

Three more people have been arrested by the CBI in a case of Rs 90 crore received by aviation consultant Deepak Talwar's NGO Advantage India in alleged violation of foreign exchange rules, officials said on Thursday.

The Enforcement Directorate on Friday said it has asked a Kashmiri businessman to pay Rs 62 lakh as penalty for an alleged violation of the foreign exchange rules. The man, Zahoor Ahmad Shah Watali, is already facing terror-funding charges.

The Enforcement Directorate on Friday said it has slapped Rs 62 lakh penalty on Kashmiri businessman Zahoor Ahmad Shah Watali, already facing terror-funding charges, for alleged violation of foreign exchange rules and operating bank accounts in Delhi using fake NRI credentials.

On Monday, Godfrey told National Stock Exchange "the suggestion of alleged violation of the FDI laws of the country is completely misconceived and misplaced".

Markets fell for the second straight day as fresh concerns emerged over an April circularfrom regulator Sebi (Securities and Exchange Board of India) that said foreign investment rules for companies of Indian origin had been tightened.

The Bombay High Court said the IPL has made people familiar with phrases like "betting and fixing" and in view of the alleged violations of foreign exchange rules it was time to see if the tournament was in the interest of the game of cricket.

After 18 weeks in jail, AIADMK chief VK Sasikala was seen publicly for the first time - on video conference before a Chennai court on Wednesday. The cases that drew the 61-year-old out of her prison cell in a Bengaluru jail was registered for violation of foreign exchange rules in the mid-1990s. This is during J Jayalalithaa's first term as chief m...

The Enforcement Directorate has issued show cause notice against Knight Riders Sports Pvt Ltd (KRSPL) and Bollywood actor Shah Rukh Khan's wife Gauri Khan for allegedly violating foreign exchange rules.

The rupee continued to rule firm for a third day, moving up by another 10 paise to 67.04 per dollar on Thursday, on persistent selling of the American currency by banks and exporters in view of sustained foreign capital inflows into domestic equities.

A Delhi court has asked business tycoon Vijay Mallya, wanted in India for thousands of crores in unpaid, loans to personally appear in a case, lifting an earlier exemption.

The Securities and Exchange Board of India (Sebi) on Wednesday said foreign portfolio investors (FPIs) can issue fresh participatory notes (P-Notes) to those entities which comply with tightened regulations by the capital markets watchdog.

The rupee continued to rule firm against the dollar for a fourth straight session, moving up by another 20 paise to close at a fresh three-week high of 66.77 on Tuesday, on sustained selling of the American currency by banks and exporters amid strong recovery in domestic equities.

As the Securities and Exchange Board of India (Sebi) readies to tighten its rules for controversy-ridden participatory notes, or P-Notes, major foreign investors including JPMorgan, HSBC, UBS and Goldman Sachs have supported the proposed provisions for immediate reporting of any breach to the market regulator and filing of suspicious transaction re...