FDI Norms on Ownership

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....DI Norms on Ownership <br>News and Press Release<br>Dated:- 30-8-2013<br><BR>The Reserve Bank of India (RBI) has issued a notification amending the Foreign Direct Investment (FDI) norms on ownership d....

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....uring the recent times. Reserve Bank of India has issued Notification No. FEMA.278/2013 dated June 7, 2013 (available on RBI web-site) on guidelines for calculation of total foreign investment in Ind....

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....ian companies, transfer of ownership, control of Indian companies and downstream investment by Indian companies. The notification has been issued to implement Press Note 2 and 3 of 2009, Press Note 2 ....

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....of 2012 and Consolidated FDI Policy Circular 1 of 2013 dated April 5, 2013. Extensive discussions with all stakeholders including Ministry of Corporate Affairs, Planning Commission, Reserve Bank of I....

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....ndia, Ministry of Commerce & Industry were made before issuance of the Press Note and the notification. This was stated by Minister of State for Finance, Shri Namo Narain Meena in written reply to a ....

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....question in Lok Sabha today.<BR> News - Press release - PIB....