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Overseas Direct Investment News

FDI Norms By JV And Wholly-Owned Subsidiary To Be Relaxed

As per the current rules under FEMA, foreign joint venture or wholly-owned subsidiary of an Indian entity need to approval from the RBI for FDI. Also, on the same level there are limitations imposed in respect of overseas direct investment or ...

RBI eases overseas investment norms for Indian corporates

The Reserve Bank today relaxed norms for overseas investment by Indian corporates by raising their borrowing limit. "It has, however, been decided that any financial commitment exceeding USD 1 billion (or its equivalent) in a financial year would require prior ...