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Enhancement of Foreign Direct Investment ceiling from 49% to 74% in the Telecom Sector — Amendment to Press Note 5 (2005 Series)

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....6 FDI GUIDELINES<br>FEMA<br>Government of ndia Ministry of Commerce & Industry Department of Industrial Policy & Promotion SIA (FC Division) PRESS NOTE NO. 5 (2006 SERIES) Subject &nbsp....

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....e Press Note was allowed to the existing licensee companies providing telecom services for ensuring adherence to the conditions. The Government has decided to extend the time limit for the telecom ....