Review of Foreign Direct Investment (FDI) policy for curbing opportunistic takeovers /acquisitions of Indian companies due to the current COVID-19 pandemic

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....Policy Section Press Note No. 3(2020 Series) Subject: Review of Foreign Direct Investment (FDI) policy for curbing opportunistic takeovers /acquisitions of Indian companies due to the current COVID-19 pandemic The Government of India has reviewed the extant FDI policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic and amended para....

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....country, which shares land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country, can invest only under the Government route. Further, a citizen of Pakistan or an entity incorporated in Pakistan can invest, only under the Government route, in sectors/activities other than defence, space, atomic energy and sectors/activities p....