https://www.taxtmi.com/circulars?id=52776 Policy permits full foreign equity in pharmaceuticals for greenfield projects under the automatic route and for brownfield investments under the government approval route; non-compete clauses are disallowed except in special circumstances with prior government approval, and RBI has amended FEMA regulations to implement this clarification. en-us Mon, 21 Apr 2014 00:00:00 +0530 Mon, 21 Apr 2014 18:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52776 Policy permits full foreign equity in pharmaceuticals for greenfield projects under the automatic route and for brownfield investments under the government approval route; non-compete clauses are disallowed except in special circumstances with prior government approval, and RBI has amended FEMA regulations to implement this clarification. Circulars FEMA Mon, 21 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52776