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 FEMA regulations to prohibit foreign investments in firms involved in print media.</h1> The Reserve Bank of India has issued amendments to the Foreign Exchange Management (Investment in Firm or Proprietary Concern in India) Regulations, 2000. These changes, effective from their publication date in the Official Gazette, modify Regulation 4 by adding a proviso that prohibits investments in firms or proprietary concerns engaged in print media. This amendment, notified under the Foreign Exchange Management Act, 1999, is identified as Notification No. FEMA. 50/2002-RB, dated February 20, 2002, and published in the Government of India's Official Gazette on April 9, 2002.