Entities Can Make Overseas Investment Beyond Prescribed Limit In Strategic Sectors: Finance Ministry
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.
Aug 24, 2022, 10:45 AM IST
India Inc invests $1.25 billion overseas in August, down 49%
Overseas direct investments by Indian firms declined 49 percent year-on-year to USD 1.25 billion in last month, as per RBI data.
Sep 11, 2014, 20:55 PM IST
