Sebi allows foreign investors to buy shares via primary markets

Representative image.Representative image.
NEW DELHI: Markets regulator Sebi has allowed foreign investors to acquire shares through primary markets in depositories and clearing corporations.

Prior to this, foreign investors could acquire shares of depositories and clearing corporations only through secondary market.

The move comes at a time when Central Depository Services Limited (CDSL) is preparing to launch its initial public offering.

As per norms, total foreign holding in depositories and clearing corporations is capped at 49 per cent.

The Securities and Exchange Board of India (Sebi) has now amended Stock Exchanges and Clearing Corporations regulations as well as Depositories and Participants norms, to drop a provision that required purchase of shares by foreign investors within 49 per cent limit only through secondary markets.

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Time to develop ‘workable’ policies for foreign students in Britain: Lord Paul

Lord Swaraj Paul requested the government to promote and grow global opportunities for UK students and staff by enhancing mobility programmes and creating an environment that facilitates the recruitment and retention of the best available talent.

In picture, Lord Swaraj Paul (File photo)

In picture, Lord Swaraj Paul (File photo)

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During the tricky Brexit negotiations, NRI industrialist Lord Swaraj Paul said that the UK government should develop “workable policies” including “pragmatic” immigration reforms, to promote Britain as an attractive destination for international students. He also admitted that Brexit negotiations would be complex, tricky and time-consuming.

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Participating in a debate at the House of Lords on the potential impact of the UK’s withdrawal from the European Union (EU) on funding for universities and scientific research, Chancellor of the University of Wolverhampton Swaraj Paul said, “But, we must not allow our universities to be unnecessarily and unhelpfully constrained.”

Paul requested the government to promote and grow global opportunities for UK students and staff by enhancing mobility programmes and creating an environment that facilitates the recruitment and retention of the best available talent.

He noted that last year, the total value of knowledge exchange interaction between UK universities and their partners across the economy increased to 4.2 billion pounds.

The higher education sector generates nearly 11 billion pounds per annum in export earnings, he added.

Excerpts from Swaraj Paul’s view:

  • Government needs to “develop workable policies to promote the UK as an attractive destination for all international students and staff – including considerate and pragmatic immigration policy reforms”
  • “Collectively, we have some 1,25,000 EU students and 43,000 EU staff in our universities – all adding value to our economy.”
  • “Universities help create new jobs and new businesses in communities – last year alone there were over 4,100 new start- ups founded by UK graduates, a great many nurtured by our universities.”
  • “My own University of Wolverhampton has recently created the Caparo Management Suite as a forum space in which business leaders, academics and students can all come together to exchange ideas and promote new business opportunities and development.”
  • “However, a decision has been made and we must all accept the result and work constructively with the government to support the best possible outcome for the UK during the negotiations and beyond.”

Britain leads the world in terms of return on investment from commercialisation of research and matches the US in its level of engagement with industry, Paul said.

At the outset, he said that the outcome of the EU referendum was not the result that most in the higher education sector wanted, wished for or indeed expected.


foreign college students make bee-line for Ayurveda courses

Ayurveda guides supplied in Rajasthan are attracting attention trendy college students from SAARCinternational locations, Europe and united states of america. The national Institute present day Ayurveda (NIA), Jaipur, gives a diploma and diploma courses inside the problem, and now it’s miles receivingnumerous ‘expression brand new interest‘ from overseas students, who are inquisitive about reading thehistorical medical science.

according to TOI, Shankar Rao, director brand new NIA, said, that the popularity contemporary Ayurveda has been increasing through the years.

“This year again, we’ve got acquired a phenomenal reaction from foreign students. the recognition ultra-modern Ayurveda has been growing. students are creating a beeline for its courses state-of-the-art thesizeable activity possibilities this movement gives,” Rao said.

The NIA, run through the ministry state-of-the-art Ayush, is affiliated with Dr Sarvepalli Radhakrishnan Rajasthan Ayurved university which is considered one of four such universities within the united states of america.

facilities furnished at the institute:

college students get uncovered to Ayurveda from historic and present day texts
The labs have 49a2d564f1275e1c4e633abc331547db facilities and are equipped with superior clinical and surgical device in conjunction with a pharmacy unit for drug production
“Our labs have facilities for engaging in bio-chemistry, haematology and microbiology and drug assessments.except, our pharmacy production unit has all herbal assets required to make medicines,”stated Rao
special courses were delivered keeping the hobby state-of-the-art overseas college students in thoughts.
humans‘s recognition cutting-edge ayurveda has increased appreciably, for the reason that status quolatest the ministry brand new Ayush.
The institute has acquired programs from foreigners on a regular basis concerning admission and steeragefor research paintings.

till date, 50 foreign students have successfully completed their degree publications from the university.

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