Tag: FDI
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Foreign Direct Investment: Trusts as Investment Vehicles
[Vishal Achanta has contributed the following guest post. Vishal is a 5th year student at the National University of Advanced Legal Studies, Kochi] Recently, two investment vehicles have been introduced that as per the relevant SEBI regulations are to be set up as trusts: Real Estate Investment Trusts (‘REITs’) and Infrastructure Investment Trusts (‘IITs’). Both…
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Foreign Investment in Rail Infrastructure
Following the liberalisation of foreign investment in the defence sector, the Department of Industrial Policy & Promotion, Government of India has issued Press Note No. 8 (2014 Series) that now permits foreign investment in the railway sector. The permitted scope of business in the sector is as follows: Construction, operation and maintenance of the following:…
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Liberalisation of Foreign Investment in Defence
A few weeks ago, the Cabinet had announced the liberalisation of the foreign investment policy in the defence sector. Now, the Department of Industrial Policy and Promotion has issued the Press Note No. 7 (2014 Series) that implements the new policy. Some of the principal changes include the following: (i) Increase in the sectoral cap:…
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FDI in Pharma; Non-Compete
According to the prevailing annual FDI policy notified by the Government in April 2013, foreign direct investment (FDI) in the pharmaceuticals sector is allowed up to 100%. While FDI is allowed in greenfield projects under the automatic route, FDI in brownfield projects requires prior Government permission. Given the numerous acquisitions of Indian pharma players by…
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FDI and Acquisition of Shares on the Stock Exchange
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FDI and the “Control” Question
Normal 0 false false false EN-US JA X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:”Times New Roman”;} Eons ago, an English judge remarked that “public policy” is an unruly horse and once you get astride it you will never know where…
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Approval of New FDI Norms; Impact on Multi-brand Retail
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Another Round of FDI Reforms
The Government seems to be facing a somewhat similar situation that it faced way back in 1991 when it launched big bang reforms for liberalization of the Indian economy. With slowing growth rates and a sliding Rupee, the Government seems compelled to take immediate measures. One such set of measures relates to reforms that help…
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Committee Report on Foreign Portfolio Investments
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