Parliamentary Committee report on insurance pitches for 49% foreign investment cap
At present, a limit of 26 percent is allowed only through the FDI route.
Dec 10, 2014, 12:11 PM ISTPanel favours 49% FDI in insurance; report to be presented in Parl Wednesday
The report of the 15-member Parliamentary committee on the Insurance Amendment Bill, held up for nearly six years, is likely to be placed before the Rajya Sabha Wednesday.
Dec 09, 2014, 20:08 PM IST