IndiaInsurance
15th October 2009, 05:53 AM
The finance ministry has turned down a demand from the insurance regulator IRDA to distinguish between portfolio and direct equity investments through a sub-ceiling for investments by foreing institutional investors (FII).
More... (http://economictimes.indiatimes.com/Call-for-FII-sub-ceiling-in-private-life-cos-rejected/articleshow/5125533.cms)
More... (http://economictimes.indiatimes.com/Call-for-FII-sub-ceiling-in-private-life-cos-rejected/articleshow/5125533.cms)