Breaking News: 100 % FDI in the Telecom Sector (A welcome Step) Inter-ministerial body Telecom Commission gave its nod for raising foreign direct investment limit in the sector from 74 per cent to 100 per cent subject to Cabinet approval. "TC has approved raising of FDI limit to 100 per cent from 74 per cent at present where 49 per cent of investment in an entity can be done through automatic route and FIPB approval will be required for raising further stake. The decision will come in force only after cabinet approves it," a senior government official said here.
Posted on: Wed, 03 Jul 2013 12:30:43 +0000
Trending Topics
Recently Viewed Topics
© 2015