https://www.taxtmi.com/news?id=2673 The Reserve Bank of India issued directions under the Foreign Exchange Management Act, 1999 permitting Qualified Foreign Investors (QFIs)-non-resident investors other than SEBI-registered FIIs and FVCIs-to invest in equity shares of Indian companies to widen the non-resident investor base; and implemented the Government decision to allow foreign direct investment in single-brand product retail trading through the government route subject to stipulated terms and conditions. en-us Fri, 13 Jan 2012 18:17:49 +0530 Fri, 13 Jan 2012 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2673 The Reserve Bank of India issued directions under the Foreign Exchange Management Act, 1999 permitting Qualified Foreign Investors (QFIs)-non-resident investors other than SEBI-registered FIIs and FVCIs-to invest in equity shares of Indian companies to widen the non-resident investor base; and implemented the Government decision to allow foreign direct investment in single-brand product retail trading through the government route subject to stipulated terms and conditions. News - Fri, 13 Jan 2012 18:17:49 +0530 https://www.taxtmi.com/news?id=2673