FDI entry rules updated: telecom infrastructure category clarified, conditional approval thresholds, mandatory post listing divestment and licensing obligations apply. The amendment classifies ISP without gateway and electronic mail and voice mail separately and adds infrastructure provider Category-I (dark fibre, right of way, duct space, tower), retains an overall FDI cap with automatic entry up to a primary threshold and government approval beyond that threshold, imposes a post listing divestment obligation to transfer specified equity to the Indian public within a fixed period, and maintains applicable licensing and security requirements.
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Provisions expressly mentioned in the judgment/order text.
FDI entry rules updated: telecom infrastructure category clarified, conditional approval thresholds, mandatory post listing divestment and licensing obligations apply.
The amendment classifies ISP without gateway and electronic mail and voice mail separately and adds infrastructure provider Category-I (dark fibre, right of way, duct space, tower), retains an overall FDI cap with automatic entry up to a primary threshold and government approval beyond that threshold, imposes a post listing divestment obligation to transfer specified equity to the Indian public within a fixed period, and maintains applicable licensing and security requirements.
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