https://www.taxtmi.com/acts?id=2092 A person resident in India who is a listed Indian company may invest in shares of overseas companies listed on a recognised stock exchange and in rated bonds or fixed income securities issued by those companies. Investments by a listed Indian company are subject to a ceiling measured against its net worth, and every purchase or sale of such overseas shares or bonds must be routed through the designated branch of an authorised dealer in India. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 29 Sep 2008 16:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2092 A person resident in India who is a listed Indian company may invest in shares of overseas companies listed on a recognised stock exchange and in rated bonds or fixed income securities issued by those companies. Investments by a listed Indian company are subject to a ceiling measured against its net worth, and every purchase or sale of such overseas shares or bonds must be routed through the designated branch of an authorised dealer in India. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2092