https://www.taxtmi.com/news?id=15642 Launch of an Electronics Development Fund establishes a government sponsored Fund of Funds to channel risk capital into India registered Daughter Funds that finance companies developing electronics, nano electronics and information technology. The EDF will commit to Daughter Funds that comply with applicable regulations, including SEBI rules, and aims to promote domestic innovation, R&D, product development, intellectual property creation and, where appropriate, acquisition of foreign technologies to reduce import dependence. en-us Sat, 13 Feb 2016 11:42:50 +0530 Sat, 13 Feb 2016 11:42:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15642 Launch of an Electronics Development Fund establishes a government sponsored Fund of Funds to channel risk capital into India registered Daughter Funds that finance companies developing electronics, nano electronics and information technology. The EDF will commit to Daughter Funds that comply with applicable regulations, including SEBI rules, and aims to promote domestic innovation, R&D, product development, intellectual property creation and, where appropriate, acquisition of foreign technologies to reduce import dependence. News - Sat, 13 Feb 2016 11:42:50 +0530 https://www.taxtmi.com/news?id=15642