- Wednesday, November 25, 2009, 2:41
- FEMA
- 0 views
The Department of Industrial Policy and Promotion (DIPP) under the ministry of commerce and industry has disagreed with the Union finance ministry’s view that there is need to regulate investment in sectors with foreign investment caps in respect of those companies which despite being technically “owned and controlled by Indians” as defined in Press Note 2, still leave scope for indirect foreign control.
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- Saturday, February 28, 2009, 9:24
- FEMA
- 13 views
Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion (FC Section) Press Note No 2 (2009 Series) Subject: Guidelines for calculation of total foreign investment i.e. direct and indirect foreign investment in Indian companies. Investment in Indian companies can be made both by non-resident as well as resident Indian entities. [...]
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- Friday, February 13, 2009, 2:22
- FEMA
- 4 views
GUIDELINES FOR CALCULATION OF TOTAL FOREIGN INVESTMENT IN INDIAN COMPANIES AND TRANSFER OF OWNERSHIP OR CONTROL OF INDIAN COMPANIES IN SECTORS WITH CAPS FROM RESIDENT INDIAN CITIZENS TO NON-RESIDENT ENTITIES The Cabinet Committee on Economic Affairs approved the adoption of Guidelines for (i) calculation of total foreign investment i.e. direct and indirect foreign investment in [...]
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