Can a NRI become a share holder and/or a director contained by a Indian private fixed company?
An NRI wants to invest within private limited company situated surrounded by India and wants to become a director. In this senario are at hand any restrictions from Government or Reserve Bank of India. Are there any network sites which will be of some help? Early reply will be apperciatedAnswers: According to the Ministry of Commerce & Industry, at the Department of Industrial Policy & Promotion, on its bulletin board (see source below), after reading through the bulletin, it would be adjectives that Yes an NRI (non-resident Indian) can become a shareholder in an Indian private set company. As to whether they could become a director would be completely dependent upon the rules governing that company, not so much government regulations. I hope this help. Please look at the source, as it is a very righteous source of info. It specifically speaks to the topic of transfer of shares, and it conference about NRIs self shareholders. A good sign that an NRI unsurprisingly CAN become a shareholder.
Best of success to you.
How do they government allocate rescources in the free market economies?
Answers: The government typically affects the allocation of resources in a free market economy through taxes and transfers, taking money from some people and giving it to others. While distortionary, this is better than the government directly intervening in the marketplace.
Where can I find detailed analysis of how a slowing US economy affects the economies of Asia and Latin America
Answers: Jim Rogers speak on this point in his new book "A Bull in China", check your local bookstore or library; here is the inside jacket wording from the hardcover addition:
"If the twentieth century was the American century, then the twenty-first century belongs to China. Now the one and only Jim Rogers shows how any investor can get in on the ground floor of “the greatest economic boom since England’s Industrial Revolution.”
In this indispensable new book, one of the world’s most successful investors, Jim Rogers, brings his unerring investment acumen to bear on this huge and unruly land now being opened to the world and exploding in potential.
Rogers didn’t just wake up a Sinophile yesterday. He’s been tracking the Chinese economy since he first went to China in 1984 in preparation for his round-the-world motorcycle trip and then again, later, when he saw Shanghai’s newly reopened stock exchange (which looked like an OTB office). In the decades that followed–especially in recent years, with the easing of Communist party financial dictates–the facts speak for themselves:
• The Chinese economy’s growth rate has averaged 9 percent since the start of the 1980s.
• China’s savings rate is over 35 percent (in America, it’s 2 percent).
• 40 percent of China’s output goes to exports (so there’s no crippling foreign debt).
• $60 billion a year in direct foreign investment, combined with a trade surplus, has brought Beijing’s foreign currency reserves to over $1 trillion.
• China’s fixed assets–ports, bridges, and roads–double every two and a half years.
In short, if projections hold, China will surpass the United States as the world’s largest economy in as little as twenty years. But the time to act is now. In A Bull in China, you’ll learn what industries offer the newest and best opportunities, from power, energy, and agriculture to tourism, water, and infrastructure. In his trademark down-to-earth style, Rogers demystifies the state policies that are driving earnings and innovation, takes the intimidation factor out of the A-shares, B-shares, and ADRs of Chinese offerings, and encourages any reader to trust his or her own expertise (if you’re a car mechanic, check out their auto industry).
A Bull in China also features fascinating profiles of “Red Chip” companies, such as Yantu Changyu, China’s largest winemaker, which sells a “Healthy Liquor” line mixed with herbal medicines. Plus, if you want to export something to China yourself–or even buy land there–Rogers tells you the steps you need to take.
No other book–and no other author–can better help you benefit from the new Chinese revolution. Jim Rogers shows you how to make the “amazing energy, potential, and entrepreneurial spirit of a billion people” work for you."