Amendment of the existing policy on Foreign Direct Investment - definition of the term “control”, for calculation of total foreign investment i.e. direct and indirect foreign investment, in Indian companies

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....o.4 (2013 Series) Subject: Amendment of the existing policy on Foreign Direct Investment - definition of the term "control", for calculation of total foreign investment i.e. direct and indirect foreign investment, in Indian companies. 1.0 Present Position: 1.1 As per paragraph 2.1.7 of 'Circular 1 of 2013-Consolidated FDI Policy'- effective from April 5, 2013, the term "control" is defined as u....