https://www.taxtmi.com/circulars?id=4188 The Press Note raises the Foreign Direct Investment ceiling for specified telecom services while aggregating direct and indirect foreign holdings for the cap; investments within the prior automatic threshold remain automatic but any investment impacting the enhanced ceiling requires FIPB approval and adherence to licence terms and Indian law. Robust Security Conditions require Indian residency for key technical and interception officials, majority Indian board representation, security vetting for senior foreign incumbents, local retention and restrictions on transfer of subscriber accounting and user information, prohibition of remote access to interception/content systems, approved remote access locations with Indian mirrors, six-month audit trails, and periodic compliance reporting by licensees. en-us Thu, 19 Apr 2007 00:00:00 +0530 Sat, 18 Oct 2008 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4188 The Press Note raises the Foreign Direct Investment ceiling for specified telecom services while aggregating direct and indirect foreign holdings for the cap; investments within the prior automatic threshold remain automatic but any investment impacting the enhanced ceiling requires FIPB approval and adherence to licence terms and Indian law. Robust Security Conditions require Indian residency for key technical and interception officials, majority Indian board representation, security vetting for senior foreign incumbents, local retention and restrictions on transfer of subscriber accounting and user information, prohibition of remote access to interception/content systems, approved remote access locations with Indian mirrors, six-month audit trails, and periodic compliance reporting by licensees. Circulars FEMA Thu, 19 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4188