NEW YORK/SEATTLE: Three of the top 20 investors in Microsoft Corp are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter.
Showing posts with label investors. Show all posts
Showing posts with label investors. Show all posts
Wednesday, 2 October 2013
Thursday, 12 September 2013
Sebi finalises easier rules for foreign investors
NEW DELHI: Market regulator Sebi will soon notify new rules to make it easier for foreign entities to invest in Indian markets following finalisation of the necessary regulatory changes by the government for a major overhaul of the existing regulations for overseas investments.
Under the new rules, which are likely to be announced in next few days, Sebi is creating a new class of investors — to be called Foreign Portfolio Investors (FPIs) — and would classify them in three categories as per their risk profile, senior officials said.
The KYC (Know Your Client) and other regulatory compliance requirements for the FPIs would depend on their risk category and the norms would be easier for lower-risk investors.
Under the new rules, which are likely to be announced in next few days, Sebi is creating a new class of investors — to be called Foreign Portfolio Investors (FPIs) — and would classify them in three categories as per their risk profile, senior officials said.
The KYC (Know Your Client) and other regulatory compliance requirements for the FPIs would depend on their risk category and the norms would be easier for lower-risk investors.
Subscribe to:
Posts (Atom)