Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>RBI Amends Foreign Investment Rules: New Definitions and Reporting Requirements for Securities and Derivatives Trading</h1> The Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Second Amendment) Regulations, 2008, issued by the Reserve Bank of India, amends the 2000 regulations concerning foreign investment in India. Key changes include definitions of capital, preference shares, and debentures, effective retrospectively from 2007. The amendments allow registered Foreign Institutional Investors to trade in derivatives and require companies issuing rights or bonus shares to report to the RBI. The regulations detail conditions for foreign investment in various sectors, including limits and requirements for specific activities, and outline procedures for reporting and compliance.