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Govt eases FDI norms under FEMA for up to 10% Chinese stake
The Times of India
1 day ago
Neutral
India has eased foreign investment rules. Overseas firms with up to ten percent Chinese ownership can now invest in India without prior government approval. This change applies to investments under the automatic route. The government aims to boost foreign cap…
The government on Saturday tweaked rules under the Foreign Exchange Management Act (FEMA), giving effect to its recent decision to allow overseas entities having a Chinese shareholding of up to 10% t… [+2526 chars]
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