The government on Monday issued two gazette notifications in which Overseas Direct Investment and Overseas Portfolio Investment have been demarcated. In the earlier regulations, Overseas Portfolio Investment was not clearly defined. The other terms such as Control, disinvestment, step down subsidiary and financial services activity, among others, have also been defined.
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Tuesday, August 23, 2022
Entities Can Make Overseas Investment Beyond Prescribed Limit In Strategic Sectors: Finance Ministry
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