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Demystifying the Liberalised Remittance Scheme: Everything You Need to Know

Razorpay

The Liberalised Remittance Scheme (LRS), introduced by the Reserve Bank of India (RBI) in 2004 under the Foreign Exchange Management Act (FEMA) 1999, empowers Indian residents to send up to $ 2,50,000 abroad annually (April to March). Profits from overseas investments through LRS are taxable based on the investment’s holding period.

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Single-Manager Hedge Funds: The Best Way to Get a Recurring Guest Spot on CNBC?

Mergers and Inquisitions

They might have separate teams for specific strategies or markets, but everything is run under a single Profit & Loss statement (P&L). Also, most of its outperformance came from strong results in 2004 – 2010, which is why it struggled and lost AUM and investor support in the 2011 – 2019 period.

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Private Equity Interest in Orthopedics Grows

Focus Investment Banking

Between 2004 and 2019, 41 orthopedic practices and surgeon groups in 22 states were acquired by 34 PE and other investment firms, according to the Journal of the American Academy of Orthopaedic Surgeons. But that’s been changing over the past few years and is likely to continue to grow moving forward.

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Hart-Scott-Rodino Act Thresholds Decrease for 2021

Cooley M&A

This is the first time since 2010 that the thresholds have fallen, and only the second time since 2004, when the thresholds started to adjust annually. Filing thresholds under the HSR Act will decrease by approximately 2.1% for 2021, based on the change in the US gross national product (GNP) during 2020.

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20 angel investor networks you should know about

Growth Business

Since 2004, it has helped more than 200 high growth businesses raise more than £100m. Minerva works to a not for profit objective and delivers its programme Pitch Up as Minerva Birmingham, (the replacement of West Midlands Pitchfest) which supports both startups and scaleups. Companies must be EIS/SEIS eligible.

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Top UK angel networks for your start-up

Growth Business

The network is part of MedCity, a not-for-profit organisation set up by the Mayor of London in 2014 to encourage growth and investment in the sector. Typically investing between £25k and £500k, the not-for-profit network has invested £16m into 99 companies to date.

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With the Sunset of Its Dual Class Arriving, Veeva Systems (VEEV) Decides to Embrace Stakeholder Governance and Become a Public Benefit Corporation

Transactional Delights

In Delaware, a PBC is still a for-profit company. 7] “ Don’t be evil ” – Google circa 2004. [8] Etsy talked the talk for a while, and maintained B corp status for five years until it finally gave up that status when it decided not to convert into a PBC, which was required to maintain B corp certification [5]. Patagonia is an example.